big ascending triangle forming in Nestle

Nov 3, 2017

In weekly/monthly, ascending triangle is forming here, also 7300-7450, is a multi year resistance zone.

So after breakout the pattern will be confirmed, and we can get a tgt of 9200+


In shorter time frame, trend is up, BB is is trending upward and candles are riding above 20 ma,

we ll discuss in detail about the tgts and sl, post breakout

Nov 15, 2017

Trade active

successful breakout here, tgt - 9160+ sl - 6860.

Nov 15, 2017

Note

Nov 21, 2017

Trade active

going good, till now 7724.75

Dec 8, 2017

Trade active

going good, till now 7850

Dec 9, 2017

Trade active

closed at 7921, more to come.

Dec 9, 2017

Note

in daily, price closed above upper BB with good volume, and BB is expanding, looks quite bullish,

Jan 6, 2018

Trade active

volatility is decreasing and BB is getting squeezed , high probability for breakout.

Jan 25, 2018

Note

breakout happened, but in the down side, price falling, and BB expanding,

Jun 10, 2018

Trade closed: target reached

cmp - 9888.85, total 33% gain till now,