RY 163.82 -0.2739% SHOP 116.91 -18.9139% TD 83.13 -3.1345% ENB 64.13 -0.8197% BN 73.06 -6.1649% TRI 249.26 -0.8552% CNQ 42.675 -5.2929% CP 100.79 -2.9372% CNR 140.45 -2.1459% BMO 136.74 -2.1608% BNS 68.2 0.1468% CSU 4587.0698 -3.2264% CM 84.1 1.4108% MFC 43.98 -5.1133% ATD 73.43 0.6442% NGT 68.53 -1.8335% TRP 69.25 -0.9582% SU 52.52 -6.3481% WCN 281.58 0.0107% L 211.6 3.4415%
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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