# NYKAA Bullish Options Setup

> Bull call spread strategy for NYKAA with defined risk and reward.
- Title: NYKAA Bullish Options Setup · TradingView | Shortify
- Summary: Bull call spread strategy for NYKAA with defined risk and reward. A bullish options trade on NYKAA targets ₹355 with max profit of ₹21,094 and max risk of…
- Keywords: nykaa, options, bull call spread, technical indicators, bollinger bands, tradingview, bullish, risk management, business, finance, Setup
- Source: TradingView — https://tradingview.com/chart/NYKAA/bDmx4pHM-NYKAA-Bullish-Options-Setup
- Published: 2026-10-12T08:32:45+00:00
- Read time: 1 min
- Topics: nykaa, options, bull call spread, technical indicators, bollinger bands, tradingview, bullish, risk management, business, finance
## Bullish Options Setup
Bull call spread strategy targets ₹355 with max profit of ₹21,094 and max risk of ₹10,156.

> Bullish set up on NYKAA based on its weekly technical structure: ✅ Strong uptrend with higher highs and higher lows ✅ Trading near the upper Bollinger Band, showing momentum ✅ Breakout from consolidation with bullish trend confirmation
## Trade Details
Buy 345 CE @ ₹6.75, sell 355 CE @ ₹3.50 for a reward-to-risk ratio of 2.08:1.

> Potential Bull Call Spread | 27 Oct 🟢 Buy 345 CE @ ₹6.75 🔴 Sell 355 CE @ ₹3.50
## Risk Management
Max profit of ₹21,094 with max risk of ₹10,156 for a 2.08:1 reward-to-risk ratio.

> Max Profit: ₹21,094 🛡️ Max Risk: ₹10,156 📊 Reward-to-Risk: 2.08:1
## Key takeaway

A bullish options trade on NYKAA targets ₹355 with max profit of ₹21,094 and max risk of ₹10,156.