Nestle Bullish on 75 minutes chart as Chikou Span is above cloud. Additionally Nestle is Bullish on multiple moving averages also.
Bullish signal is almost confirmed since the Price has gone above 14670
On HDFC Chart 4th Nov. '19 Bar has closed above the cloud and today i.e. 6th Nov. the Chikou Span indicator is also showing above the cloud. It signals a very good setup to go LONG. There has also been an unwinding of CALL Open Interest at different strike prices. Its a good sign.
Guppy fast moving averages have crossed the slow moving averages on 30th Aug 19 and then again on 6th September. Can buy above the resistance of the high of 27th Aug Bar. Initial stop-loss for intraday traders could be below 12th Sep Bar or below 1200 if taking positional trade.