Nestle India Weekly breakout Nestle India on the weekly time decisively broken the previous important resistance and closed strongly.
In coming days this stock can do some wonders like axis bank. accumulation zones 19500-600.
Targets can be 20550, 21000, 21400.
Disclaimer : I am not SEBI registered, pls consult your FA before
Nestle BreakDown !! 📈 Nestle 📉
Nestle was taking support at Upward Parallel Channel since October 2020 and today it broke down. Break off this Definitely shows signs of trouble in stock.
On The upside in sync with downtrending trendline and started forming lower highs and lower lows.
My View : Look for shorting
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The nearest expiration date for NESTLE INDIA FUTURES is Feb 27, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell NESTLE INDIA FUTURES before Feb 27, 2025.