I couldn’t find documentation for your module (I couldn’t identify it) so this is not going to help, but the Nano has a 5V logic level, meaning that even if you power the module from the 3.3V output of the nano it will still receive 5V on the TXD pin, so I wonder whether your physical configuration is based on a reliable source.
The same for the baud rate of 115200, which looks pretty high for this kind of devices.