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.
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SEBI Registration number is INZ00017433
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