Stock dosent seems to be breaking below 2460 Making HH HLs Slowly but steadily making a way for 2600 soon again Sl can be kept below 2450
Buy Nestle India around 2500 - 2510 and add more if gets at lower price near 2470 for the targets of 2610 - 2630 until 2450 is intact on the downside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
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...
Nestle India Sell PRZ - 22930/23009 SL - 23175 ( Weekly Closing Basis ) Target - 21052/20500
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 stock rising wedge pattern wait for breakout intraday ,okhy
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 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 📉 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.
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...
📈 Nestle 📉 Nestle was taking support at Upward Parallel Channel since October 2020 and today it broke down. Break off this Definitely shows signs of trouble in stock. On The upside in sync with downtrending trendline and started forming lower highs and lower lows. My View : Look for shorting opportunities as it broke the upward trendline and started...
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 . If you like this analysis of Stock give a Like...
Same with Nestle as well. Keep an eye on it for Ultra short Term
Nestle India Range Breakout Buy Nestle Closing Price - 17649 Strict Sl - 17300 (Day Closing Basis) Target - 18600
Nestle formed a Head and Shoulder pattern with 50 EMA moving towards 200 EMA in a downward direction.
Nestle posted wonderful profits, but the stock will correct a little bit as per my personal opinion. It will fill the gap around 16100 and then again rally for the all-time high.
The stock has taken support on its 0.5% fib. level and looks good. all levels are mentioned on chart.