Nestle weak below 16100On daily time frame Nestle weak below 16100
Charts are for educational purpose only
NESTLEIND trade ideas
NESTLE.. negative divergenceNESTLE on weekly chrts showing clear negative divergence.
daily charts looks weak..
reference helpful for long term investors
Nestle - Short term tradeBelow 16200 price could fall to 15700 & then maybe 15100.
SL 16350 or 16550 depending on which target you are aiming for. Ideally 16550.
Enter only if markets down and price falls below marked price.
NESTLE INDIA 10 DAYS +6.78% PROFIT: TIME TO TIGHTEN STOPSFollow up trade as published on 04 May 20. Time to tighten stops
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
Nestle India Ltd. - ANALYSISNestle India Ltd. is trading in Narrow Range.
Technical indicators are BULLISH.
If price trades below previous week low (16825), next support is mid bollinger band (16068) and resistance is swing high (18370) on the weekly chart.
Nestle - SideWay - No Position As of nowNestle sideway move in Box. Will wait for breakout at above 18K
NESTLEIND- BEARISH~ Stock is trading in a range from last 29days i.e. 18370 to 17200
~ Completed its 5th Impulse wave now we can expect correction from there as Corrective waves.
~ Option Chain: STRONG BEARISH
~ Price-Vol-Delivery- BEARISH
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Wave Analysis NESTLE INDIA 1D Elliot Wave Analysis
Short Term Elliott Wave view suggests that the rally in Nestle India from March 23 low is unfolding as a 5 waves impulsive Elliott Wave structure. Up from 3.23.2020 low of 12200, wave (1) ended at 11705 and wave 2 pullback ended at 9047.50. In the chart below.
Wave (5) is in progress with the Target Price of 18200 to 19157 odd levels.
NSE:NESTLEIND
Nestle suspend production temporarily over coronavirus NEW DELHI: The country’s two biggest foods and beverage makers Nestle and Coca-Cola said on Tuesday that they are suspending production on a temporary basis at their plants, with the exception of limited essential products, following the country-wide lockdown amidst the Covid-19 scare.
Nestle, maker of Maggi noodles, Nescafe coffee, Cereal infant cereal, and KitKat chocolate, said in a BSE filing that in view of the countrywide lockdown, operations in some of its locations, inclusive of manufacturing, distribution centers, warehouses, offices and suppliers, have been scaled down or suspended. “The company is closely monitoring the situation and will take all necessary measures as directed by the government and authorities. The impact on the operations of the company cannot be a ..assessed at this point,” Nestle said in the BSE filing. The India unit of the Swiss foods maker did not specify which for products it was suspending manufacturing.
Nestle AnalysisNestle Analysis in coming days. Showing signs of upcoming downtrend.
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For Educational Purpose.
NESTLE will fall around12000.-ve divergenceA negative divergence in price shows a big correction of 30-40% will happen.
Price will settle down after correction for long term move.
Move any direction after this pattern being matured.The stock move any direction after this pattern being matured. We have to keep patience to trade on stock.
Just hit the LIKE button and you will get real-time notification wherever i trade on this stock,
NESTLEIND TRADE PLAN: 05 MAY 20 ONWARDSPossible Head & Shoulder pattern....
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
FORECAST OF NESTLE. Chances of fall DOWN is more.Nestle taking support continously and taking the support it is going upside in a curve manner. After travelling so long most chances to fall.
RISK : REWARD RATIO=100:100
THIS IS PURELY FOR STUDY PURPOSE. NSE:NESTLEIND NSE:NIFTY
NESTLEIND TECHNICAL ANALYSIS The price is in an uptrend. The price is respecting the trendline. Buy opportunity at the trendline.
NESTLE..dark cloud coverNESTLE has formed dark cloud cover pattern on daily charts which is a bearish pattern.
any up move to 17950 Monday or at to todays high can be sold with stoploss at todays high.
target 16800..
note: the stock price moves with large values, hence take your SL accordingly.. can retest highs intraday also..
NESTLE INDIAIt is showing signs of reversal from a Bearish Harmonic Alt Shark and has all activated a Bearish C Clamp per Ichimoku. It could retest 16250-15500-14500 as long as it stays below 17550
NESTLE.. is the outperformance over?NESTLE..the upmove might be over ..
i am not good with waves.
do correct me if i am wrong
