NESTLEIND trade ideas
Nestle India surges 4% in weak market Nestle India surges 4% in weak market on stock split, interim dividend plan
Nestle India said the board will meet on October 19 to consider a stock split and interim dividend.
Shares of Nestle India surged 4 per cent to Rs 23,333.65 on the BSE in Wednesday’s intra-day trade in an otherwise weak market after the company announced that the board will meet on October 19 to consider a stock split proposal. The board will also consider declaration of second interim dividend for the year 2023, if any.
The stock of packaged foods company was trading close to its 52-week high of Rs 23,390 hit on July 17, 2023. In comparison, the S&P BSE Sensex was down 0.72 per cent at 65,042 at 09:22 AM.
In an exchange filing, Nestle India said, a meeting of the board of directors is scheduled to be held on Thursday, October 19, 2023, to consider the un-audited financial results of the company for the third quarter and nine months ended 30th September 2023.
NESTLE INDIAHi, in this chart i found a good demand level for long in NESTLE INDIA stock...please Observe this levels and Analysis your own... Don't Take any orders Based on this Chart because this is just Observation purpose only i am posting...
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Nestle bullish pattern formation!Nestle has created an inverse Head and shoulders pattern on a weekly chart and given a breakout too, with good volumes. Moreover it is an FMCG giant with healthy financials, making it a relatively safe and stable stock.
Buying near the support zone with stoploss just below it and a target of 26k, this seems to be a good trade setup.
That said, please make sure to follow healthy postion sizing rules.
Nestle lifetime time high breakout with Cup and Handle patternWeekend Pick 2: #Nestle
Fundamentals: Very strong, consistent on Sales, Profits, EPS, High Reserves Vs Debt Free.. DII holding increased, Healthy Dividends
Technicals: Bullish, Broken LTH, C&H breakout.
R1: 23350
R2: 25400
R3: 28000
S: 19000
#Nifty #NiftyFMCG #StocksInFocus
NESTLE INDIA - new 20-month consolidation BreakoutNESTLE INDIA, weekly scale, broke out from a 20-month consolidation to new all-time high. Its Relative Performance to CNX 500 (RS Line) made a 52-week high as well. Momentum indicators, RSI & DMI/ADX are indicting strength in the trend. Looks poised for some good rally ahead.
Only personal analysis. No recommendation.
NESTLE - #intraday Chart Analysis || 27th April,2023 #stocksAnalysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Stock Trade Idea levels for 27th April, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
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NESTLEIND ready for new high ??????NSE:NESTLEIND BSE:NESTLEIND
Time Frame – Weekly
Observations : -
* Trading in rising channel
* Good bounce seen from channel support line.
Resistance – 20600 / 21050 / 21738 / 23950
Support – 18450 - 19250 support zone
DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Nestle - Possible break downNestle has been constantly testing the previous highs but not able to break it. While it do so, it is making lower lows, this would mean that if it falls as per the chart there are high chances that it will retest the 17k area.
Alternatively, this will come up to previous high retest.
Nestle India Swing TradeNestle India is near crucial support zone on daily chart. It is good opportunity here for taking a Swing Trade.
Entry
We can go long after close of strong bullish candle near the support zone.
Target
Target 1: Will be the next resistance zone as marked on chart.
Target 2: After target 1 is achieved we can go for 2nd target as marked on chart.
Stoploss
We can keep stoploss below the support zone.
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