bearish triangle breakout. looks like someone was already aware about sugar level in food. more bears to come
After a long fall, when we apply Fibonacci retracement from the high to the low, it shows a 0.5 retracement, and the fall continues. Moreover, the previous lower low has been breached by the present candle. I am confident that this downward trend will persist on February 29th, 2024. Yes, I am aware it's a Thursday. Additionally, the NESTLEIND FMCG index also...
NESTLEIND - Watch out for a good breakdown/ shorting opportunity in 1D timeframe. A few points to note: 1. There is a weekly reversal sign (bearish - Evening star pattern) 2. The stock is below 50DMA 3. Ascending wedge pattern - Usually is a bearish sign. 4. Overall on a higher timeframe, the stock is rallying - hence it is wise to be cautious and have a hedge.
The observation is not based on any indicators but a trend pattern and we may see the last leg of rally in Nestle in near term. The stop Loss is low of the last breakout candle on trend line. The immediate target is 26K and further target is 29K+. if it sustains above the 26K on monthly chart. Rationale - Nestle has been consistent with rising price trend in...
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
Double bottom were formed and retested as well and today gave beautiful up move but drawback from resistance...
Nestle India surges 4% in weak market on stock split, interim dividend plan Nestle India said the board will meet on October 19 to consider a stock split and interim dividend. Shares of Nestle India surged 4 per cent to Rs 23,333.65 on the BSE in Wednesday’s intra-day trade in an otherwise weak market after the company announced that the board will meet on...
Break down of the resistance zone will lead to 21600-21000 to nestle India. This is for you your educational purpose only.Keep the stock in your watch list.
Nestle India Sell PRZ - 22930/23009 SL - 23175 ( Weekly Closing Basis ) Target - 21052/20500
Nestle looking good for a long at cmp of 22666 , a good pattern breakout and retest is done , can reach targets of 23k and 24k in coming days if idea goes right , RR 1:3 SL at 21200 , medium to short term swing with good RR
Buy Nestle India if sustains above 21100 for the marked targets on the chart until 20300 on the downside is intact. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Nestle has been constantly testing the previous highs but not able to break it. While it do so, it is making lower lows, this would mean that if it falls as per the chart there are high chances that it will retest the 17k area. Alternatively, this will come up to previous high retest.
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...
#NESTLEIND SELL CALL TARGET 17450 SL 19650 nESTLE iNDIA. alREADY BREAKOUT HAPPENED IN 4 HOURS CHART. After Retesting, it is trending down side..
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 India form Descending chart pattern where it has gave us nice BreakDown with little Retrecemnt in previous Session. Now after breaking Previous day low if 1hour Candle get sustain in Below Level we can see further lower levels in NESLTE INDIA KEEP AN EYE ON IT….!!!!!
NESTELINDIA NESTELINDIA Result is coming soon . price take support @ 200 ema , ab=cd harmonic pattern BUY NESTELINDIA @19450 ADD MORE 19020 CLOSING STOPLOSS BELOW 18920 TARGETS 20050-20736-21103 BOLO JAI GAJANAND
NSE:NESTLEIND is showing a symmetrical triangle (Pennant) pattern. Here for 29th December'2022 expiry, we can device a safer (chilar) strategy :) BUY 21000 Call BUY 19500 Put SELL 20750 Call SELL 19500 Put Margin needed: 65K Profit: 1200 (chilar profit, but much safe) Safe below: 20778 (which is well above resistance and Fib 78.6% level. Also last two days...