Nestle Trendline SupportNestle took support at short term trendline, good for a long trade.
Disclaimer: This is my personal view, please consult your financial advisor before taking any trade.
NESTLEIND.T0 trade ideas
NESTLE INDIA Head and Shoulder pattern formation on 1 hr chartNestle formed a Head and Shoulder pattern with 50 EMA moving towards 200 EMA in a downward direction.
Nestle Head & Shoulder Patter (30M)Nestle posted wonderful profits, but the stock will correct a little bit as per my personal opinion. It will fill the gap around 16100 and then again rally for the all-time high.
NESTLE INDget ready foe a dip in NESTLE IND
it will reverse from between 12000-14000 buy @ dip nxt target will be more than 8000 points
Nestle India LongLooks bullish if can maintain its earlier lows. The EMA has crossed the SMA signaling a buy. A close above the TMA confirms the trend. 16845 can be bought which is the 50-day SMA using 16740 as a stop on a closing basis.
Bull run in Nestleindia Ltd.Oh its what a comeback and at the time of Covid its really good stock to see a bull run and day trading also.Go for long run and it ill definetly hit 20K at the end of the Q2.
Cheers.
Happy Trading.
Nestlerunning in channel.. will wait to approach for lower end of channel and look for confirmation for support at lower end
NESTLE INDNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
NESTLE INDIAFUNDAMENTALLY it's a good stock to hold for the long term, But this it's not the right time to BUY because based on P/E 79 (Below 24 is safe) it's highly expensive.
Technically also BEARISH since it's rejected from 18816 RESISTANCE LEVEL.
8th FEB 2018 This UPTREND is continued.
on DEC 23rd/24th/28th Rejected from 18816 LEVEL become RESISTANCE LEVEL.
18816 RESISTANCE STOP LOSS for SHORT SELL
15303 SUPPORT 1
12545 SUPPORT 2
BuyBuy with sl below 16600 for target of 19000. Price has comfortably breached above consolidation. Range has expanded . Volume is still average. Closed abv all moving averages. RSI has broken from consolidation , satisfying the bullish case.
Disc : it's not an investment advice to buy or sell
Nestle India - Friday Trade | Intraday and SwingStock is forming a descending triangle and also inverted cup and handle on 2 hour time frame.
Good to short if breaks bottom support trendline
Watchlist stock : Nestle (Nifty 50)NSE:NESTLEIND
Nestle can be kept in watch list stock and from both buy options one can give 10% up movement and another can give 20% up movement.
This is only for educational purposes,s not an investment suggestion. Kindly do your analysis before investing.
Nestle India long with target @18400Nestle has taken support at monthly 20ma and is bouncing back. If it closes above previous red candle on monthly basis, first target of 18400.
NESTLE INDUSTRIES Long @ Rs. 16301 in DeliveryNSE:NESTLEIND
Entry 16301.1
Target 17464
SL 15980
Stock is trading at CMP 17385, price is supported by daily demand zone. overall stock is in uptrend.
Enter in this stock at 17301 for the target of 17,46/- Buy in cash segment and hold for two week.
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice.
Cup and Handle FormationThe stock is making a cup and handle pattern and looks good above 16953 level
[Positional] Nestle Swing Buy BetJust buying now.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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