Get started

Nestleindia

NESTLEIND : Trade SetupNSE:NESTLEIND Hi Traders, NESTLEIND is on support level. If this support is broken by it then it will start downward movement and if it will reverse and move above previous high then will try to move upward direction. Entry and target level on chart. ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the LIKE button. Provide some feedback below in the comment! This would give us encouragement to keep sharing our ideas here on this platform. ###Learn To Earn### * This analysis is educational/learning purpose only. * Trade at your own risk. Trade well, **********************************************************************************************************************************
NSE:NESTLEIND
by vimal.kr.pathak
Synergistic Pattern: Advance pattern (W+Flag) + Support MA 200Levels are mentioned on chart for Swing trading. Please check the description section for early entry level in given stock to get better Risk to Reward ratio. Kindly like & share this pattern. Comment with what do you think. Follow me @ tradingview for more updates!!! Entry: 16450 SL: 15950 Target: 17450/ 18200 RR: 2.0/3.5 Thank you. Happy Trading!!! Best Regards, Dr. Shamraja Nadar, PhD in Technology. Disclaimer -------------------------------------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ---------------------------------------------------------
NSE:NESTLEINDLong
by Profitable_Traders
2
Bank Nifty Outlook for Wednesday, 29th July | 50x InvestmentsBank Nifty - Technical Analysis: Bank Nifty started off the day with a gap-up opening but soon corrected over 1.7% within an hour. The bears then started booking their profits due to which Bank Nifty retraced upward before settling near the day's high. On the hourly chart, Bank Nifty gave a failed breakout above the EMA20 line and formed a red candle after it. This implies that there is some bearish strength remaining before the market corrects upwards. Market - Driving Factors: Ultratech Cement closed in the green by over 7% on the back of better than expected Q1FY21 results. These results also rubbed off on other realty firms with Prestige Estates ending over 12% up. Nestle India reported a 11% increase in net profit on a YoY basis which was less than the street estimates due to which the stock ended in the red by over 1.4%. Hopes of a fresh stimulus to be issued by the US Government kept the bulls optimistic and the Indian indices in the green. Bank Nifty - Outlook for Wednesday, 29th July: Bank Nifty might continue its upward retracement due to further profit booking by the bears given the hopes of a second stimulus by the US Government. 22216 (38.2% retracement level) will act as a strong resistance level for Bank Nifty tomorrow. Airtel, Parle, Maruti and TVS Motors are scheduled to announce their results tomorrow. These results might affect the market sentiment in general and thus have a bearing on Bank Nifty as well.
NSE:BANKNIFTY
by Algokart
1
NIFTY FMCG : At Crossroads Breakout or Reversal ?Nifty FMCG index is clearly showing signs of reversal. Unable to cross Aug 18 highs till now, clearly HUL, Britannia, Nestle and Dabur all are showing neutral to bearish signs on charts except ITC which is clearly performing inversely to HUL. Too much money has chased growths in the safest sector and now might be the time to book profits at almost highs and move into IT & Banking stocks. View becomes invalid in case we cross 32500 lvls.
NSE:CNXFMCGShort
by AnbHfund