[1D] HAL on SELLTriangle Pattern is forming
Strong Resistance on Top
Will move down because of MA's confirmation
Indiantraders
A good opportunity in NESTLE INDWait for the break out or watch for buying opportunities above 17809 . After days for consolidation finally on the verge of breakout
Can put a strict SL on 17534 and breakeven the trade if price touches 18141 and book near 18643. Potentially a good risk to reward trade.
Time frame- 1H NSE:NESTLEIND
Tata Chemical both possible scenariosIf the price breaks 792.10, then it will form a new buy zone and enter on the pullback. If it breaks 722, then it will go till 487 after retracing back to nearby 770, this will be a swing short. And when if it reaches to 487, it will shoot up to take out 792.
