NESTLEIND trade ideas
Cup & handle pattern Cup & handle pattern
Target cup size project up side
Stop loss handle size
aas per your risk
only pepper trading purpose
not recommended buy & selling
NESTLEIND looking bullishAfter giving breakout of this trendline currently it is testing the strength of the support line. so as we know that the FMCG sector had not gave any movement in last few months and if market turn negative then FMCG is the sector where money can flow so expecting it to give upside move.
NESTLE INDIA : BUY 2560. TARGET : 2750 SL 25001. Nestle is in uptrend
2. consolidation phase over
3. upside target : 2750
NESTLEIND SELLING POINT OF VIEW ON 29TH FEB 2024After a long fall, when we apply Fibonacci retracement from the high to the low, it shows a 0.5 retracement, and the fall continues. Moreover, the previous lower low has been breached by the present candle. I am confident that this downward trend will persist on February 29th, 2024. Yes, I am aware it's a Thursday. Additionally, the NESTLEIND FMCG index also indicates a single downtrend."
NESTLE INDIA BULLISH TGT 2760-2850-2980 NESTLE INDIA is an interesting chart with following
1. RSI on all time frames above 60
2. Price forming ABCD pattern on weekly chart
3. can be a good buy on dips with Support near 2400 zone and resistance at 2780
4. Price making higher highs for last three days
5. Stock outperforming sectoral index on both 1 week and 3 months
6. Narrowing Bollinger Bands
Caution : Major Call OI at 2600 levels which will act as immediate resistance.
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Nestle india good entry pointVery good entry point on Nestle india.
1. Uptrend stock
2. Support at weekly 20ma
3. support at weekly super trend
4. good RR ratio
Nestle india ... entry logic and exit is blue zone For those who are waiting for entry on Nestle India soon there will be a possibility... stay tuned.
Details are on the chart,
#NESTLEIND is making base and in box consolidation nestle is a best fmcg stock and now you can buy at discount
#Nestle india cash : Looks good above 2530.10#Nestle india cash
07 Feb 2024
Looks good above 2530.10
and dips 2512-2515
Stoploss 2490
Tgt 2580-2600/2660/2740
Cmp 2499.60
#NESTLEIND - Reversal playNSE:NESTLEIND
#NESTLEIND : Fib retracement of 50% around 2450.
down bottom on hourly on 07-02-2024, with rising RSI.
short term play.
Next move above 2525.
SL : 2450
Nestle started upside move hold it Buy given near 2460-2470On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Nestle India ready for big upside On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NESTLEIND - Evening StarNESTLEIND - Watch out for a good breakdown/ shorting opportunity in 1D timeframe.
A few points to note:
1. There is a weekly reversal sign (bearish - Evening star pattern)
2. The stock is below 50DMA
3. Ascending wedge pattern - Usually is a bearish sign.
4. Overall on a higher timeframe, the stock is rallying - hence it is wise to be cautious and have a hedge.
nestle India Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade,
this post is for educational purpose only . warning :- do not jump directly or do not copy my trades
DO your analysis properly
NESTLEIND - SWING TRADE - 6th December #stocksNESTLEIND (1D TF)
Swing Trade Analysis given on 6th December, 2023 (Wednesday)
Pattern: ASCENDING TRIANGLE
- Volume Spike Buildup Near Resistance - Done ✓
- Breakout of Resistance - In Progress
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #nestleind
Only one indicator is enough...Yes. ! Super trend.
If we know how and where to use this indicator, you are sure about getting very good trade.
It ensures
1. Low risk
2. High returns and at times real big trend
So how to use it?
1. Prefer larger time frame. I use weekly.
2. Once super trend is green wait for pullback.
3. once price reverses from nr super trend enter. (I would wait for break of earlier week high nr super trend)
4. SL is weekly close below super trend.
5. Target min 15%. (you can try to exit far from super-trend to book profit.)
Reverse is true for shorting in down trend....!
All these charts are from Nifty50 stocks
Buy Nestle India for Target 26k to 29K - Short termThe observation is not based on any indicators but a trend pattern and we may see the last leg of rally in Nestle in near term.
The stop Loss is low of the last breakout candle on trend line.
The immediate target is 26K and further target is 29K+. if it sustains above the 26K on monthly chart.
Rationale - Nestle has been consistent with rising price trend in stepwise manner. This is probably last leg rally before it takes some rest. Another thing is the stock is approved for split from shareholders and awaiting the record date.
NESTLEINDEntry level above the 24400/24500
Stop loss near 23000-23300
With the target of 25000/27000++ for next 6 -8 months period...
Note : even I have big target like 30k to 32k and according to time frame add on
Nestle India weekly chart current trend !Nestle india weekly chart pattern as
ine can see in chart as drawn . at resustance trendline .. posted as to learn technical analysis and pattern .
so views comment welcome
NESTLEIND HARMONIC VIEW HOURLYCMP 24189.90 BUYING ZONE 24019/083 SL 23994 TGTs 24260/520/590 (Positional View Hourly)
Nestle india - LongNestle india ready to next level. Monthly bull pattern brake out. if Sustain above 24350 then 27450 is a Target. Wait for Day candle strong close above 24350.
