Nestleindia
BUY NESTLE INDIA 17650-17700 FOR TARGET OF 18900 WITHING 1 MONTHNESTLE INDIA SURE-SHOT SWING TRADE SETUP.
IT HAS TAKEN SUPPORT ON 50MA AND RISING GREAT.
IT ALSO MAKING ONE OF THE PERFECT HARMONIC PATTERN.
SO IT'S GOING FOR THE 18900 TARGET FOR SURE.
Buy around 17650-17700
Stop loss = 17350
Target = 18000,18500, 18900
DAILY SWING CALL // Wednesday 28th of July 2021 NSE: NESTLEINDDAILY SWING CALL // Wednesday 28th of July 2021 // NSE:NESTLEIND
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 18000
TARGET: 20700+ (15% Around)
STOP LOSS: 16200 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
NESTLE - Retest Structure - Investment/Trading opportunityThe analysis is done on daily TF hence price may take few days to few weeks or even months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Bull run pending in Nestleindia Ltd.Best time to invest in Best FMCG stock right now may be High value stock but return will also in 4 digits. My entry level is 19508. Target will be 22000 by October end and don't hold further. If you you want to hold further book atleast Capital 1st Good results also on the way.
Trend line and support area marked.
This idea only Education porpose.
Cheers,
Happy learning.
Swing Setup EXPLANATION : This is a 1 hour time frame chart of NESTLEIND . It has formed Head & Shoulder pattern // Triple Top pattern , If give a strong breakout and broke its demand zone with high volumes and retest the same , I am bearish on NESTLEIND . If taking support from demand zone trade with multiple confirmations .
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Swing Trade: NESTLEIND => Channel Pattern Breakout, don't miss.I can see a good channel breakout in the Nestleind stock on a daily timeframe. Retest also completed. That's why this stock looks excellent for the swing trade. This stock was consolidating in a channel for almost more than 500 days. And now it gave a breakout. Let's see. How it will perform.