Stock analysis Nazara Technologies Ltd NAZARA
Recent prices of NAZARA Nazara Technologies Ltd are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast for Nazara Technologies Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Nazara Technologies Ltd NAZARA at this time. Stock is falling and might fall more.
It appears as if Nazara Technologies Ltd NAZARA gave a large move recently.
Stock of Nazara Technologies Ltd (NAZARA) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Nazara Technologies Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nazara Technologies Ltd stays below 769.3, but if it comes above 769.3, then a intra day buy could be more profitable.
If you take a sell trade below 769.3, then use 769.3 as stoploss and 718.4 as target. However if you take a buy trade in Nazara Technologies Ltd, then use 769.3 as stoploss and 811.76 as target.