currently bearish , looks weak ahead , can form low higher pattern from here Currently add some valuable stock in the watchlist for the long term , wait for the reversal then invest. Avoid fresh buying.
15 min chart makes a nice triangle after a long run. Volume inside triangle seems to be dried up and breakout of triangle is possible with good volume support. BUY if the price moves above resistance. Target - ideally length of flagpole but be cautious as flag is too long Stoploss - triangle top
First time since 4th Dec, the price is about to close above EMA. Stiff Support is being faced at the psychological 14000 level. The trendline has been broken with a retest. Plus, we see a Triple Bottom. Entered long at 14200 with SL at 14000. Can look for big targets as higher Time frames are bullish
TREND ANALYSIS TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. I will update the 2nd entry IF it comes. R:R is SUPER AMAZING 1:12
Nestle India (Nestleind) staying below 11250 - weak, downside breakout/breakdown possible.
Nestle will reverse from Weekly Trendline. Targets are shown in the chart.
Time to be cautious and look for the next opportunity NestleInd fromed triple top on the weekly time frame. first major support 10092.40, 2sec 9084.40, 3rd 8001.34.
One can buy Nestle India on dips with a SL of 10650 and a target of 10945.
Buy NestleInd on a dip with SL of 10560 and targets of 10900/10970. Adjust trading volumes as per entry price. 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...