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)
NESTLEIND trade ideas
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
A good catch of bearish momentum - NestleIndThe Details and explanation are given on the charts.
* It can either start falling directly or can retrace or consolidate before making a downmove.
S.L is mandatory in such volatile market conditions and You can also trail S.L (Totally depends on your trading style)
- I urge the trading view community to engage and share their views on this setup. and If you are satisfied by my analysis do give a thumbs up and enjoy the profits. :)
NESTLE INDIANestle india looking good any range breakout may give good rally in coming days keep an eye on both levels
NESTLE INDIA - Double Top FormationNestle India, showing some momentum in the long term charts but is slipping below 50DMA and a Double Top formation is also formed on the long term charts. Stocks looks bearish considering the sentiments around them. As we can see massive breakdown around high PE stocks, it can test level around 200 DMA.
DISCLAIMER - I AM NOT A FINANCIAL ADVISOR, ITS JUST A VIEW AND NOT AN ADVISE.
NESTLEIND NESTLEIND is the one of the top FMCG(Fast Moving Consumer Goods) company. The price is trading at the support level of the trend line. Its also a fundamentally strong stock, if you invest for long time in this stock then it is the right time for it. low risk with minimum stoploss. if you want to invest in this stock do your own analysis also because of self satisfaction.
If you want (price action) of any charts then drop the stock keyword in the comment section.
For more charts patterns follow me.
Thank you.
Note: Don't trade without stoploss because risk management is the main key in trading.
NESTLE INDIAThis level very important, once this level break and sustain in day candle, stock strong selling side
NESTLEND Sell #Elliot_HarishRaoif you see this stock clear break down
some trend line breakdown o, some range breakdown or
my view triangle brakdown if triangle correction most of the case 4th wave and 5 th wave down and stock up corrective and hit many people stoploss ferr khtai fake breakout
NestleInd in demand zoneProvided its a strong base at 17328, one can long there. with March Fut 2022
Nestle India , Approaching Demand Zone, Look To Buy Nestle India , Approaching Demand Zone, Look To Buy Between 17750 - 17850 . Getting Ready For CIP .RSI Getting Stronger and Already Positive MACD . NSE:NESTLEIND
Nestle IndiaClearly, it has been moving in a channel for months and again the script approached its support trendline. Let's see whether we can find a reversal or its going breakdown this time and trade accordingly.
📊 Nestle India Swing Trade Opportunity 🎯NSE:NESTLEIND
Everything mentioned on chart. Kindly trade as per your trade setup.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
nestle indexpecting a fall lets c wat happens after this fall i will suggest next trade... this fall will be confirmation.
NESTLE - Good Trading + Investing OpportunityThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NIFTY - LONG TERM SIP STOCKS ModelSharing spread chart of stocks in which SIP can be initiated basis when it is returning to good support price. All stocks in model are hand picked and have good fundamentals.
Nestle IndiaNestle is taking support at 200DMA and horizontal zone too. A reversal could be a good buy with sl as 200DMA with some grace points.
NESTLE READY FOR BREAKDOWNA nice long candle on the weekly!! Looks good to short NESTLE for 1000 rupees target.
NESTLEIND#NESTLEIND
Good price action happening.
19625 is current support on hourly basis.
Breakout and retest seen in daily chart.
TG: 20330
SL : 19350 DCB
