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Piyush-Gupta
Oct 28, 2020 5:07 PM

NESTLEIND, READY TO GIVE MOVE IN COMING DAYS (CHART# 348) Long

NESTLE INDIANSE

Description

NESTLEIND has given breakout from Flag pattern formed over 1.5 years. Consolidation itself has for 4 months. It gave breakout on Monday and took a pause today (Tuesday) and formed inside candle which is again good sign.
Post 17310, it can give good move. Must have on your watchlist.

Daily view


Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.

Thanks
Piyush Gupta
Comments
Niftydirection
It is a flag but from starting near 12k.
simplyajith
Piyush-Gupta
@Niftydirection, thank you for feedback. Everyone has different interpretation of charts.
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