NESTLEIND trade ideas
Nestle India (Educational idea)Stock at exact strong support levels of 2456 range...
From these levels always there is a bounce back till 2650 levels...
I can see inverted head & shoulder pattern in daily frame
Investors can long for short term target of 2640
Nestle India looks good for buy zone . Nestle India share looks good .
Stock can take next 2-3 days for go upside .
Aggressive trader can buy now. With last candle low stoploss use. 2450 is good stoploss
Safe traders can wait for weekly bullish candlestick . An buy 2460-2440.
Current price 2484
Stoploss 2442 near 1.4%
Target 1 2560. 3.05%
Target 2 2620. 5.95%
NESTLE INDIA GANN ANALYSIS MONTHLY CHART 27 JULY 2024Nestle india stock formed a ATH at 2773.30 as per price cycle on charts actual high may differ. The high was made in forty months. Price Cycle value of 2656 has been the resistance for last 6 months. Time cycle wise we have critical3 months ahead. Price of 2538.65 needs to be sustained for ensuing price action on the stock for further momentum. Price drop below 2392 will make it shaky in the new price cycle of 2300.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
Royalty to PARENT Co. rejected.After many controversies and findings in the product, NSE:NESTLEIND is at an interesting level. Shareholders have rejected the proposal to increase the royalty to parent company. This means company will have more funds available for equity shareholders. Since the split, we have seen some volatility. What next from here for the stock? Will there be any action and prices will fall suddenly, how it happened with Kotak Mahindra Bank or stock manage to move out and get back to the growth path?
Nestle: Bullish Reversal Indicators Signal Opportunity
Description: Nestle demonstrates a potential trend reversal with a bullish engulfing pattern, supported by the 200 SMA and positive MACD. This confluence of signals suggests a shift towards bullish sentiment. It's essential to remember that this analysis is for educational purposes and not a recommendation to trade. Consult with a financial advisor before making any investment decisions.
Buy Nestle for 1 month Swing Trade
NESTLEIND
BUY NEAR : 2530
SL : 2495
TARGETS : 2580 / 2600 / 2630
Expected Returns : 4%-5%
NESTLE | 10% upside and 3 target (2771,2810 and 3220) # Opinion
10% upside with 3 Target (2771,2810 and 3220) in next 3 to 6 months
# CMP - Rs. 2507 (30/04/2024)
# Entry Signal
2497 is good support tested many times in hourly and daily timeframe so buy near that level
# Setup Fail
If Price falls below 2425 then setup fails and strategy to be revised
# Fundament Study
All time high REVENUE, PROFIT
Debt to Equity - 0.10
ROCE and ROE - 153% and 122%
Promoter and Strong hands - 62.8% & 21.1%
Consistent Sales and Profit growth - 10% & 15%
# Technical Study
Currently trading at 10% below previous high without any good reasons
Trading in a range from 2425 to 2630
# Targets
A. With good fundamentals company with at least reach previous high i.e. 2771
B. Historically company's PE range from 75 to 89, so considering the same logic that it will again reach PE of 85 (conservatism) then target is 2810
C. Historically company's Price to Book range from 72 to 95, so considering the same logic that it will again reach Price to Book of 93 (conservatism) then target is 3220
You can view historical PE and Price to Book in screener.in
# Caution
Currently Nestle is in bad news for its products having cancer causing elements. However, I don't know how/whether it will affect the share price
Incase if you guys have any thing to add or correct please let me know in comment.
nestle India descending triangle.- descending triangle and double top has formed at weekly chart.
- previous 2 descending triangles do not form double top but this time it has formed double top so there is some possibility for correction
- if falls happened bullish bat may form some days later.
It's my own opinion.
Trade with your own mind
I'm not SEBI adviser.
MACD Crossover Swing Trade📊 Script: NESTLEIND
📊 Nifty50 Stock: YES
📊 Sector: FMCG
📊 Industry: Food - Processing - MNC
⏱️ C.M.P 📑💰- 2622
🟢 Target 🎯🏆 - 2769
⚠️ Stoploss ☠️🚫 - 2560
📊 Script: ADANIPORTS
📊 Nifty50 Stock: YES
📊 Sector: Marine Port & Services
📊 Industry: Miscellaneous
⏱️ C.M.P 📑💰- 1341
🟢 Target 🎯🏆 - 1426
⚠️ Stoploss ☠️🚫 - 1293
📊 Script: HEROMOTOCO
📊 Nifty50 Stock: YES
📊 Sector: Automobile
📊 Industry: Automobiles - Motorcycles / Mopeds
⏱️ C.M.P 📑💰- 4722
🟢 Target 🎯🏆 - 4949
⚠️ Stoploss ☠️🚫 - 4597
📊 Script: AMBUJACEM
📊 Nifty50 Stock: NO
📊 Sector: Cement
📊 Industry: Cement - North India
⏱️ C.M.P 📑💰- 612
🟢 Target 🎯🏆 - 650
⚠️ Stoploss ☠️🚫 - 592
📊 Script: BERGEPAINT
📊 Nifty50 Stock: NO
📊 Sector: Paints/Varnish
📊 Industry: Paints / Varnishes
⏱️ C.M.P 📑💰- 573
🟢 Target 🎯🏆 - 603
⚠️ Stoploss ☠️🚫 - 558
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
NESTLEINDbearish triangle breakout. looks like someone was already aware about sugar level in food.
more bears to come
Nestle India- How to trade
Please read the notes as mentioned on the chart.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Nestle India - How to trade on 12-04-2024
Please read the notes as mentioned on the chart.
Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Thank you
Nestle India - How to trade on Wednesday
Please read the notes as mentioned on the chart. Unless prices crosses white horizonal line stock cannot be bullish so, no delivery to be taken. Have patience stock has very big long term target.
Disclaimer: I am not a SEBI registered analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for your losses or profits.
NESTLEIND swing opportunityNestleind is in side way or range bound now a days.
New break out up move after 2650 level
Current showing weakness as it below 2520 level and looks support 2500 but can be seen more bearish below 2500 level.
But can be make position for swing as it's current support level. Though 100DEMA support.
Can go with own your own analysis and risk reword strategy.
Thanks
Nestle India - How to trade on 08-04-2024
Please read the notes as mentioned on the chart. There is no important time candle for Monday. Better would be to check opening candle of all the stocks and make decision only after 9:33 a.m.
Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes only. Please consult your financial advisor before making any decision. I will not be responsible for any of your profit or losses.
NESTLEINDNESTLEIND
At Resistance but if stays above 2630 can then move towards 2685/2770
SL can then be below recent swing low of 2580
Nestle = How to trade today
Marked are the levels on the chart. Please note that important lows are made on Tuesdays, therefore do not haste. There is no special time candle for today. Can watch candle of 10:50 a.m. and 12:22 p.m.
Disclaimer: I am not a registered analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Nestle india analysisIt is at the support possible to move upside and its just for educational purpose
Nestle India - Must buy stock
It is trading above all the slow moving EMAs and is about to go above the slowest one. Resistance wise it is just above R2 and then a life time high.
Disclaimer: I am not a SEBI registered analyst and it is only for educational purposes. Please consult your financial advisor before making any decision and I will not be responsible for any of your profits or losses.
nestle -long bullsih inside bar above 18 day EMA followed by a bullsig candle with huge volumes
MACD above zero
Broader market view and Sectors for tomorrowBroader market view and Sectors for tomorrow. Broader market view is shared with sectors in focus for now
