RY 162.52 -0.3189% SHOP 135.99 3.2025% TD 85.98 -0.2552% ENB 63.8 -0.7004% BN 73.76 0.5453% TRI 250.39 -0.7492% CNQ 40.72 0.0737% CP 100.1 -1.126% CNR 134.14 -0.8574% BMO 131.55 -0.5819% BNS 67.14 -0.2526% CSU 4850.0 -0.7959% CM 84.34 0.8128% MFC 41.715 -0.3226% ATD 71.99 -0.3323% NGT 74.3 -3.7814% TRP 68.63 0.0729% SU 49.435 0.2332% WCN 267.63 -1.852% L 215.28 -0.0139%
Company Overview: Nokia Oyj (NYSE: NOK) is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies.
As per our previous US Daily Report published on ‘NOK’ on 19th February 2025, Kalkine provided a ‘Buy’ stance on the stock at USD 4.92, based on “the strategic advancements, strong Q4 2024 financials with a 9% net sales growth and 19.1% operating margin, shareholder-focused initiatives including a proposed EUR 0.14 per share dividend and EUR 600 million buyback, and a 2025 outlook projecting EUR 1.9–2.4 billion in operating profit, and key risks associated with the business ” and the stock price has now moved by ~8.74% since then and attained resistance 1.
Noted below are the details of support and resistance levels provided in our previous report:
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