There is a probability of a butterfly pattern on the daily chart of NestleIndia. Sustaining 18100, the stock might move towards 19200- 19400 in the coming sessions initially and then towards 20300-20350 levels.
we wait for the range break and after the confirmation we can take the sell position
Company website- www.nestle.in Product Verticals ---> Beverages, cereals, chocolates, dairy, nutrition, foods, vending machines Famous brands- Nescafe coffee, Maggi noodles, Milkybar chocolate, Milo, Kit Kat chocolate, Bar-One, Milkmaid, Cerelac baby food, Boost health drink ( bet you have heard of them ) 4% market share, plenty of upside for such a...
This Big FMCG stock forming symmetric triangle on 30 MTF. Keep eye on this. Plan your trade accordingly...
Hello guys, So I have found a trade of the FMCG sector-NESTLE, it's consolidating in a symmetrical triangle pattern and looks ready to give the breakout for upside movement. All the required info is in the chart above, take a look. BUY ABOVE-19490 Targets mentioned in the chart above (white lines) RSI has room for BULLS. MACD turning BULLISH Please LIKE, COMMENT...
Buy Nestle India Target 🎯 22000 because it's recently given major breakout
Nestle - The Breakdown, finally happened, I was waiting for this move from past many sessions. REfer the previous post (linked here ) for detailed analysis
NESTLE - time to maximize the trade, its the area , i was expecting the stock would test , before falling further. For Detailed analysis , please refer earlier post, linked in the post.
If it fails to sustain 6596.15 then it'll head towards 16011.15
Nestle has been trading in a range since April 2020. In technical terms, this particular range formation is called descending triangle, this patterns generally forms in downtrend and acts as continuation pattern, but in this case the structure of the stock is of uptrend, this bearish pattern may act as reversal pattern, because it indicates distribution , so i...