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
NESTLEIND trade ideas
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
Short sell trade set up One can wait for Price rejection at or near the place of short sell price indicated on chart and look to book near the Forecast as Take Profits
