NESTLE INDIA Head and Shoulder pattern formation on 1 hr chartNestle formed a Head and Shoulder pattern with 50 EMA moving towards 200 EMA in a downward direction.
Nestleanalysis
Nestle Head & Shoulder Patter (30M)Nestle posted wonderful profits, but the stock will correct a little bit as per my personal opinion. It will fill the gap around 16100 and then again rally for the all-time high.
Nestle - Bullish Hammer at pullback supportNote: 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.
Short Nestle IndiaSell Nestle if sustains below 18500 with the SL of 18855 and Targets are already marked on the chart.
Happy Trading!
InvestPro India Team
NESTLEIND : Trade SetupNSE:NESTLEIND
Hi Traders,
NESTLEIND is on support level. If this support is broken by it then it will start downward movement and if it will reverse and move above previous high then will try to move upward direction.
Entry and target level on chart.
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###Learn To Earn###
* This analysis is educational/learning purpose only.
* Trade at your own risk.
Trade well,
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Nestle indiaBeautiful breakout retest , results om tuesday good volumes good candidate for buy
Great risk reward ratio NSE:NESTLEIND
NESTLE INDIA buy on breakoutnestle 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.
Time to be cautious NestleInd fromed triple topTime to be cautious and look for the next opportunity NestleInd fromed triple top on the weekly time frame. first major support 10092.40, 2sec 9084.40, 3rd 8001.34.
Nestle Weak Below 10600 LevelsNestle has formed strong bearish pattern on weekly chart which is sign of sellers are gaining control of trend. If Nestle breaks the 10600 levels then it can reach to 10000-9800 levels which 200 EMA support.
