Trade Setup: Nestle IND long trade as weekly income trade.
Logic: NESTLEIND is in uptrend on the daily time frame. and also in line with an up flag pattern.
A dip to 1233.35 levels should be considered as buying opportunity as a demand zone can be identified on a 2 hrly time frame.
RR: 1:3.
Entry: 1233.35
Stop: 1205.95
Target: 1313.45.
# Maintain proper position size as per your risk management.
Logic: NESTLEIND is in uptrend on the daily time frame. and also in line with an up flag pattern.
A dip to 1233.35 levels should be considered as buying opportunity as a demand zone can be identified on a 2 hrly time frame.
RR: 1:3.
Entry: 1233.35
Stop: 1205.95
Target: 1313.45.
# Maintain proper position size as per your risk management.
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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.
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.