NESTLEIND trade ideas
Buy Today, Sell Tomorrow: NESTLEINDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in NESTLEIND
Buy Today, Sell Tomorrow: NESTLEIND
Nestle forming flag and pole on higher time frame.Nestle India has been consolidating in a flag and pole pattern. The stock has taken support from its 20 DMA and respected the levels convincingly
The stock on the hourly time frame has been trading around its 20 ema.
Stock on the monthly basis has never closed above 19750.
If the stock breaks out or breaks down a nice movement can be achieved.
Wait for the stock to close above or below the consolidation zone on daily time frame.
Support :- 18850, 18380
Resistance :- 20000, 20500
Stock or stock option can be traded for a swing to positional trading.
Let the market form a price action near the levels before trading.
NESTLE INDIA WEEKLY CHARTNestle india turning bullish from neutral looking good on weekly charts and showing strengths on some parameters pointed out on chart
Cause of Long-:
1- Falling trendline resistance line breakout
2- Bullish initiation on macd indicator
3- Above on rsi indicator support levels
NESTLE time to short?After a long run up, NESTLE is at a crucial resistance, and most probably will give some downward moment before heading upwards.
Nestle india BullishNestle india seems good rally may continue further concentrate
if price sustain above 19360 in 4hrs
NESTLE - 13th JUly 2022Stock hitting Resistance of 18800 - 18000.
Bears will be active below these levels.
Nestle - Ready for a rally ? The analysis is as shown on the Chart.
Wait for retest and strong confirmation candle supported by volume and delivery.
this is my view and for educational purpose only
Nestle India - Another FMCG Giant going to face resistance soonAs seen on chart, Long term trendline broken....
As we see it's moving under channel....in coming weeks it will test 18K which is crucial resistance....
If not crossed 18k levels, it will come down....Currently one must avoid to buy until it close above 18k....
NESTLEIND - LONGNSE:NESTLEIND
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio is 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose.
sellif you see this stock clear break down
some range breakdown or correction most of the case 4th wave and 5 th wave down
target 1 : 15752
target 2 : 15352
all details mention on chart
Happy trading....\\
W pattern FormationNestle
Daily Time Frame
Bullish
W pattern Formation
Neckline @ 14440
Once breakout takes place above 18625
T1/T2/T3 are 18800/19500/19800
SL18270
swing opportunity in Nestleindswing opportunity in Nestleind
W pattern on Nestleind big target possible
NESTLEINDbuy above 18800
trg 5% , 10%
sl in deep for long term holding
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Disclosure : I am not Sebi-registered. This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our calls please consult your financial advisors. Thanks
Nestle Chart Analysis !!📈 Nestle 📉
My Findings :-
1. Breakout from resistance zone.
2. Close Above March 2022 High.
Bias- Long
Target- 18880, 19934 and 20464
SL- 17861
RR- 1: 3
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Nestle India - RSI DivergenceNestle India is showing a RSI Divergence and good upward trend. Targets are as mentioned on the charts.
This is for educational purpose only.
Let me know your thoughts in the comments section.
Nestle indiaThis is a inwerted headn sholder
Pattern and power full pattern
Havy posiblity price go up
Site and nekline crossed
17713 This target Hit (tomorrow)
Nestle India - Technical Stock is showing divergence but has not created first higher high yet. Lets wait & watch if it crosses the trend line and make higher high. Then only one can go long.
Nestlé India NSE 17/03/2022There exist regular bullish divergence between MCAD and price which is the sign of trend reversal and most probably price appreciates to the 2 defined targets.
There are chances that the price touches the 61.8% of Fibonacci retirement level even and then continues its bearish cycle.
The overall script sentiment is bearish as the entire markets are falling yet there are some chances of some appreciations befor the fall roll out
Nestle (Bearish View)Currently the stock is discounted at 16% from all time high levels.
Nestle (TF=W):
1. Rising Channel Breakdown
2. Rejection from 5 Days Exponential Moving Average
3. Negative Crossover of 5, 13 Weeks Exponential Moving Average
4. Gave a closing below 100 Days Exponential Moving Average
5. Next Support is coming around 16,300
6. RSI below 40 (which is again a sign of Bearishness)
Nestle (TF=D):
1. Stock is continuously in a Downtrend making Lower highs and Lower lows.
2. Channel Breakdown and has also retested the levels
3. Negative Crossover of 5, 13 Days Exponential Moving Average
4. Gave closing below 200 Days EMA
Addl Points:
1. FII/FPI have increased holdings from 12.31% to 12.35% in Dec 2021 qtr.
2. Mutual Funds have decreased holdings from 3.83% to 3.78% in Dec 2021 qtr
Note:
1. This is just for educational purpose
