NUVAMA 1 Day Time Frame

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📈 Current Price & Setup

NUVAMA is trading around ₹7,480–7,550 lately.
Over the past 52 weeks the stock’s range is roughly ₹4,735 (low) to ₹8,508 (high).

🔎 Technical Outlook (1‑day timeframe)

On daily chart indicators (moving averages + oscillators), many third‑party sources mark NUVAMA as a “Strong Buy” today.
Short‑term technical bias appears bullish, with recent momentum favouring upside over downside.

⚠️ Important Considerations & Fundamentals

The company’s valuations appear relatively rich: the price‑to‑book (P/B) ratio is elevated.

Promoter pledge status is non‑trivial — as per recent data, a significant portion of promoter holding is pledged.

As always: on a 1‑day timeframe the stock can be volatile — technical signals are strong, but broader market conditions (macro, sector sentiment, news, flows) will matter a lot.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.