Buy Nestle India between 17500-17600
SL 17300
Target 18150-18818+++
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Happy to share an observation on Nestle India.
Cup & Handle breakout taking place above 17,500. If big candle above 17,500... except Nestle to go to 18,600 - 19,800 in 25-30 trading sessions.
RSI > 60.
MACD Cross over complete. 3 Bullish indicators.
Disclosure: This is for educational purpose and limited knowledge I have in Tech analysis. Kindly consult your...
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.
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I will update the 2nd entry IF it comes.
R:R is SUPER AMAZING
1:12
Nestlé India Ltd. engages in the manufacture and sale of food products. The firm offers beverages; breakfast cereals; chocolates and confectionery; dairy; nutrition; foods; vending and food services; imports; exports; and Nestle ad campaigns brands. It operates through the India and Outside India geographical segments. The company was founded in 1912 and is headquartered in Gurgaon, India.
BSE
