I will buy NESTLEIND because :
It has been taking support at the trend line .
It has touched the support.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 17000
Target : 18600
Stop loss : 16866
Note: This is for educational purpose only.
There seems to be a bullish hammer at pullback support. Similar bullish reversal at support is seen at RSI as well.
Profit booking in Nestle, look for buy on dip at the zones.
The predicted buy & sell zones plotted are an approximation and for accurate levels use the indicator (tradershedge) which updates the levels on real time and also triggers an alert.
You can make entry decision once you get a confirmation at the respective marked zones and opt for the next successive...
itc
stock after long consolidation
now both as investing and trading front 'ready to SURPRIZE BIGGGG
for trading with 193 sl
possible 263 target
while as investor ,
150 sl for 576.30 target in coming 3.5 year frame
while 985 in 7/10 year frame ie 3 time from cmp possible in 2027-2030 in ITC
BUT IT WONT BE a straight journey
ups and downs shall come
I Have done A Analysis on line chat today , hope you guys will find it useful for trading
Targets & stop-loss are already mentioned
DON'T forget to check out the related ideas which I have posted down below
FOLLOW & LIKE if works & COMMENT
Hii guys this is Trader Kanishk
In this video i have told you about the trade confirmation in NESTLEIND
Follow all the steps described in the video
then go for a long positional trade.
nestle india is making a flag pattern (falling wedge)
we can enter in this after this breakout
second thing is this stock is in uptrend on higher timeframe keep watch and buy it buy putting a stoploss and by managing your risk reward.
