lotwalajanak

Neste Cup & Handle Breakout point (EDUCATIONAL ONLY)

Long
BSE:NESTLEIND   NESTLE INDIA LTD
Happy to share an observation on Nestle India .

Cup & Handle breakout taking place above 17,500. If big candle above 17,500... except Nestle to go to 18,600 - 19,800 in 25-30 trading sessions.

RSI > 60.
MACD Cross over complete. 3 Bullish indicators.

Disclosure: This is for educational purpose and limited knowledge I have in Tech analysis. Kindly consult your financial advisor before any calls and make informed choice

Regards,
Janak
Trade closed: stop reached: Stop close hit
Trade active