NIFTY FMCG Breakout and RetestNSE:CNXFMCG had formed a triangle and has given breakout now.
The Restest of an important level has been done so we can expect the index to go up.
Keep eyes on NSE:ITC , NSE:NESTLEIND , and NSE:JUBLFOOD .
NESTLEIND
Nestle Trendline SupportNestle took support at short term trendline, good for a long trade.
Disclaimer: This is my personal view, please consult your financial advisor before taking any trade.
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.
NESTLE INDget ready foe a dip in NESTLE IND
it will reverse from between 12000-14000 buy @ dip nxt target will be more than 8000 points
Nestle India - Friday Trade | Intraday and SwingStock is forming a descending triangle and also inverted cup and handle on 2 hour time frame.
Good to short if breaks bottom support trendline
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
Nestle consolidating at support. Good buy above 16460Nestle has been consolidating at the support since two weeks, past two days showing some good moves. It can be bought for swing above 16460 if sustained 30, very good R:R.
NESTLEIND -- daily chartNestleind in range now on daily time frame hope show up side movement
wait for update
NESTLEIND can potentially gain strengthThis analysis requires more confluences, will update soon.
Please do your own research before trading or investing.
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.
Nestle India staying below 11250 - weakNestle India (Nestleind) staying below 11250 - weak, downside breakout/breakdown possible.
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.
NESTLEIND double bottomBuy NESTLEIND after a breakout above 10870
T1: 11420
T2: 11540
T3: 13000
T4: 14700
SL: 10030
