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.
Long on Nestle Formed Cup and Handle pattern Educational purpose.
CMP: 18841 - Compression in price visible near 50% Fibo level - Taking support at the confluence of 200 EMA and previous breakout zone
Nestle India: --------------- Price & Volume relation: ------------------------------ Monthly: Previous candle low (19050) was taken out clearly but the Volume is not supporting yet & taking hault @important support level. Weekly: Price & Volume both supporting movement. Daily: Both supporting. Pattern: ---------- Yellow line Symmeterrice triangle (Sideways until...
NESTLE MULTIFRAME ANALYSIS -Long position once channel breaks
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
After a long run up, NESTLE is at a crucial resistance, and most probably will give some downward moment before heading upwards.
Recently if we observe closely, FMCG Sector is outperforming & helping index to move higher and higher, where it contribute nearly 8% of Nifty 50. In which ITC is having the highest weightage in the FMCG sector (nearly 30%) followed by HUL (24%), Nestle (7%) and Tata consumer (6%) respectively. Adding to this VBL is outperforming like anything, compare to...
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 Daily Time Frame Bullish W pattern Formation Neckline @ 14440 Once breakout takes place above 18625 T1/T2/T3 are 18800/19500/19800 SL18270
📈 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...
Nestle India is showing a RSI Divergence and good upward trend. Targets are as mentioned on the charts. This is for educational purpose only. Let me know your thoughts in the comments section.
This is a inwerted headn sholder Pattern and power full pattern Havy posiblity price go up Site and nekline crossed 17713 This target Hit (tomorrow)
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...
The Details and explanation are given on the charts. * It can either start falling directly or can retrace or consolidate before making a downmove. S.L is mandatory in such volatile market conditions and You can also trail S.L (Totally depends on your trading style) - I urge the trading view community to engage and share their views on this setup. and If you...