NESTLEIND trade ideas
Nestle India staying below 11250 - weakNestle India (Nestleind) staying below 11250 - weak, downside breakout/breakdown possible.
Nestleind, Bullish above zone of 12000Recently, nestle has tested 12000 again
so keeping 10-20 points buffer, we can initiate
a short term buy at 12010-20 for target of 12250
NESTLE positional trade setup (beyond technicals0positional setup in nestle and as i written BEYOND technical analysis that truly means its not only about technical analysis and has certain fundamental things logically taken into consideration !
educational purpose only
NESTLE INDIANESTLE MAY COME DOWN UP TO 11662.
AND, THEN IT MAY BOUNCE BACK.
HOLD YOUR BREATH.
ONE OF MY CALCULATIONS FOR A LONG PERIOD SHOWS THE PRICE OF NESTLE MAY REACH 13,000 AND FINALLY 16,000.
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Nestle : Potential Mover(Postional)NESTLEIND is one of the Major MNC's in india, as history has told that MNC's generally Outperform Benchmark indices E.g Honeywell , Jockey , 3MINDIA etc.
Entry : Long Above 11755
Stoploss : 3% Trailing
Basic Target: Open To Sky just Trail properly
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It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Time to be cautious NestleInd fromed triple topTime 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.
Nestle Weekly chart ascending triangle formationNSE:NESTLEIND Weekly chart ascending triangle formation. Upper breakout should take to 13000-13200 levels
