Powered by: Motilal Oswal
2026-10-06 10:51:31 am | Source: Religare Broking Ltd
Stock of the day - Nuvama Wealth Management Ltd Target Rs. 1960 - Religare Broking Ltd
Stock of the day - Nuvama Wealth Management Ltd Target Rs. 1960 - Religare Broking Ltd

Nuvama Wealth Management Ltd 

Buy Nuvama Wealth Management Ltd CMP (Rs) 1820.8 Range* 1816-1822 SL 1750 Target 1960

* NUVAMA is displaying a strong bullish reversal structure after rebounding from a long-term support zone reinforced by a double-bottom formation.

* The stock has registered an upside breakout above the falling trendline, indicating a trend reversal and renewed buying interest.

* Price has reclaimed and closed above the 20 and 50 DEMAs, while expanding volume validates the breakout and strengthens bullish conviction.

* Traders may consider accumulating the stock within the recommended range.

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ00017433

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here