A good catch of bearish momentum - NestleInd
The Details and explanation are given on the charts.
* It can either start falling directly or can retrace or consolidate before making a downmove.
S.L is mandatory in such volatile market conditions and You can also trail S.L (Totally depends on your trading style)
- I urge the trading view community to engage and share their views on this setup. and If you are satisfied by my analysis do give a thumbs up and enjoy the profits. :)
* It can either start falling directly or can retrace or consolidate before making a downmove.
S.L is mandatory in such volatile market conditions and You can also trail S.L (Totally depends on your trading style)
- I urge the trading view community to engage and share their views on this setup. and If you are satisfied by my analysis do give a thumbs up and enjoy the profits. :)
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