This chart of **Nestle India Ltd** shows a **Cup and Handle** breakout pattern — a strong bullish continuation signal.
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### 🟢 **Cup & Handle Breakout – Nestle India Ltd**
#### **Pattern Highlights:**
* **Cup Formation:** Long rounding bottom from Nov 2024 to April 2025.
* **Handle:** Minor consolidation and dip in May 2025.
* **Breakout Point (Neckline):** ₹2,438.45
* **Target Projection:**
Height of cup ≈ ₹305
📈 Target = ₹2,438 + ₹305 = **₹2,745** (marked)
### ✅ Key Takeaways:
* **Breakout is with volume**, confirming strength.
* **Next resistance zones**: ₹2,745.60 and ₹2,768.60.
* **Supports post-breakout**: ₹2,438 (neckline).
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### 🟢 **Cup & Handle Breakout – Nestle India Ltd**
#### **Pattern Highlights:**
* **Cup Formation:** Long rounding bottom from Nov 2024 to April 2025.
* **Handle:** Minor consolidation and dip in May 2025.
* **Breakout Point (Neckline):** ₹2,438.45
* **Target Projection:**
Height of cup ≈ ₹305
📈 Target = ₹2,438 + ₹305 = **₹2,745** (marked)
### ✅ Key Takeaways:
* **Breakout is with volume**, confirming strength.
* **Next resistance zones**: ₹2,745.60 and ₹2,768.60.
* **Supports post-breakout**: ₹2,438 (neckline).
Would you like a full YouTube-ready set (title, description, tags, disclaimer) for this chart as well?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.