Nestle India is near crucial support zone on daily chart. It is good opportunity here for taking a Swing Trade. Entry We can go long after close of strong bullish candle near the support zone. Target Target 1: Will be the next resistance zone as marked on chart. Target 2: After target 1 is achieved we can go for 2nd target as marked on chart. Stoploss We can...
it is turning bearish and we may likely see a period of no return in the counter for the upcoming year or so! a kind of top-out formation which suggest long to be avoided as an investment. it can test 15200-14900 in coming months/years
Nestle stock rising wedge pattern wait for breakout intraday ,okhy
Nestle India on the weekly time decisively broken the previous important resistance and closed strongly. In coming days this stock can do some wonders like axis bank. accumulation zones 19500-600. Targets can be 20550, 21000, 21400. Disclaimer : I am not SEBI registered, pls consult your FA before investing.
May touch 17400-17300. made a double top and going to make a lower low it seems ! well see the chart is elf explainatory
CMP: 18841 - Compression in price visible near 50% Fibo level - Taking support at the confluence of 200 EMA and previous breakout zone
Nestle India has been consolidating in a flag and pole pattern. The stock has taken support from its 20 DMA and respected the levels convincingly The stock on the hourly time frame has been trading around its 20 ema. Stock on the monthly basis has never closed above 19750. If the stock breaks out or breaks down a nice movement can be achieved. Wait for the...
Nestle india turning bullish from neutral looking good on weekly charts and showing strengths on some parameters pointed out on chart Cause of Long-: 1- Falling trendline resistance line breakout 2- Bullish initiation on macd indicator 3- Above on rsi indicator support levels
The analysis is as shown on the Chart. Wait for retest and strong confirmation candle supported by volume and delivery. this is my view and for educational purpose only
📈 Nestle 📉 My Findings :- 1. Breakout from resistance zone. 2. Close Above March 2022 High. Bias- Long Target- 18880, 19934 and 20464 SL- 17861 RR- 1: 3 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor...
There exist regular bullish divergence between MCAD and price which is the sign of trend reversal and most probably price appreciates to the 2 defined targets. There are chances that the price touches the 61.8% of Fibonacci retirement level even and then continues its bearish cycle. The overall script sentiment is bearish as the entire markets are falling yet...
Currently the stock is discounted at 16% from all time high levels. Nestle (TF=W): 1. Rising Channel Breakdown 2. Rejection from 5 Days Exponential Moving Average 3. Negative Crossover of 5, 13 Weeks Exponential Moving Average 4. Gave a closing below 100 Days Exponential Moving Average 5. Next Support is coming around 16,300 6. RSI below 40 (which is again a...
📈 Nestle 📉 Nestle was taking support at Upward Parallel Channel since October 2020 and today it broke down. Break off this Definitely shows signs of trouble in stock. On The upside in sync with downtrending trendline and started forming lower highs and lower lows. My View : Look for shorting opportunities as it broke the upward trendline and started...
NSE:NESTLEIND Everything mentioned on chart. Kindly trade as per your trade setup. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
A nice long candle on the weekly!! Looks good to short NESTLE for 1000 rupees target.
NESTLE INDIA SURE-SHOT SWING TRADE SETUP. IT HAS TAKEN SUPPORT ON 50MA AND RISING GREAT. IT ALSO MAKING ONE OF THE PERFECT HARMONIC PATTERN. SO IT'S GOING FOR THE 18900 TARGET FOR SURE. Buy around 17650-17700 Stop loss = 17350 Target = 18000,18500, 18900
Triangle breakout in Nestle India Limited along with bullish MACD crossover