Nazara - Channel breakoutTarget as indicated in chart.
View negative if closes below resisting trend line.
Don't invest and trade blindly.
NAZARA trade ideas
NAZARA TECHNOLOGIES INSIDE BAR TRADEafter ipo launch nazara technologies is also consoldiating in tight range in weekly time frame
first candle of weekly time frame is acting as a support and resistance. currently we can see a clear breakout on a charts time for go long in this share
upcoming targets 2400, 4000
sl 1350
NAZARA 45minLong in NAZARA after giving head and shoulders pattern breakout with trendline breakout.
can buy when closing above 1630 after trendline break
target 1798 the closing above 1800 it can give target of 1898
sl 1572
retest is still pending.
Also can take long in this as gaming industry is the biggest. more than compared to music and flim industry combined.
