Entry level above the 24400/24500 Stop loss near 23000-23300 With the target of 25000/27000++ for next 6 -8 months period... Note : even I have big target like 30k to 32k and according to time frame add on
📈 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...
Note: This is for educational purpose only. Please do not trade in F&O. There seems to be an ascending triangle formation with small build up near resistance. RSI above 60 indicates bullish momentum. SL: ₹ 17300
Same with Nestle as well. Keep an eye on it for Ultra short Term