Nestle seems ready for a breakout after posting stellar results for q2 fy 2022. targets are mentioned on chart
stock has formed a rounding bottom and is likely to form a cup and handle pattern after hitting resistance.
stock is about to give a breakdown after forming a head and shoulder pattern on weekly time frame
Expecting a mild reversal from 150 ema on 16th november 2021. followed by resistance at trendline. followed by a breakdown --> support ---> consolidation > breakout from trendline. if stock does not reverse from 150 ema then support levels are given.