Trend reversal soon??After trading between a narrow range of 2534 - 2572 for the past four trading session its time for trend reversal
NESTLEIND trade ideas
nestle india 1month time frame channel breakout buy@22900nestle india 1month time frame
channel breakout buy@22900, target 24232, 24499, 24889
risk reward 1.5
sl@21603
Nestle India shows a Ascending triangle formation.This stock had previously bounced off with good volumes from the constant upward rising demand zone and it has done the same from the same zone on Tuesday's trading session.
24000 is a good support area for the stock and the reversal point of 23883 is an important low to be considered if the current uptrend is to be held.
On the upside the 24500 zone is the resistance level that is keeping the stock from reaching the 25000 mark. If the stock surpasses 24500 then 25000 should be a smooth ride.
CMP 24040
SL 23850
Target 25000
Nestle India Looking good for swing...Expect up move in nestle india, a fresh breakout above previous high. Keep tracking.
Nestle India Stock has been very good break out with power candle on weekly time frame i think we have to wait for retest because currently for buying sl will be very big so wait for retest level 9
Nestle India Ltd.*Nestle India Ltd*
P&F Formation on Monthly Basis
Price BreakOut Needed. To be Watched.
Resistance @23171 / 23405 to be Observed.
Possibility of Retracement to 20644 levels before Bounce Back. Hence, Watch it.
Vol. BuiltUp since Past one month. Further Continuation required.
RSI: 1H =D<W<M
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
NESTLEIND - Short-term potential upside 6%It appears that NESTLEIND has experienced a recovery near the earlier support level (approximately 21338). Additionally, the RSI is currently between 30 and 40. Price re-visiting the recent high at 23410 would potentially result in an approximate of 7% increase.
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buy and hold nestle solid potential after 23200 level breaknetle is moving on upward trendlind and face resistance at 23200 and also shows a small rounding bottom pattern after breakout of which have potential to solid gain. Keep an eye at 23200 or hold for short to mid term.
nestle india Shortonce the stock breaks the support line, it is time to go for short trade. a clear descending triangle can be visualized.
$NESTLE possibilitiesPSX:NESTLE looking at current order blocks there is a possibility of this pattern forming.
Nestle ind nestle is trading in a channel pattern in weekly timeframe and it was at their trendline resistance we can expect a fall from that zone
Nestle ready to correct???With the markets being volatile, Nestle broke its support only to retest the zone. We may see a continuation of the downfall. What are your views????
NESTLE INDIAHello and welcome to this analysis
In the weekly time frame it is showing a strong reversal with the activation of a Bullish Harmonic 5-0 pattern.
It could do a rally till 19750 and above that till 23000 as long as it does not break 18750
Good risk reward set up in the current scenario
NESTLEINDNSE:NESTLEIND
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Nestle - W- overbought and at potential resistance. long cautionNestle is at weekly resistance
Expensive stock , overbought. Longs should look to book out
NESTLE INDsell in my levels get target ,sell in my levels get target ,sell in my levels get target ,
NESTLE NESTLE - The BAT harmonic
Wait for a daily close above Point B for the set up to get activated.
Target at point D
NESTLE LOOKS GOOD FOR SWINGThe structure is very bullish in falling market the stock was very strong, today it has given a breakout of a pattern. with small Stop loss we can trade this setup.
I have no reason to not be bullishNestle has great fundamentals, One of the best. And it is forming a cup and handle pattern. If market remains bullish for next few months, Nestle has nothing to stop from hitting 24k, And even if market sentiments are not in favor still it would achieve the target but a bit late.
NESTLEIND Long ~~ Single Target 22000+Nestle India buy- #swing trades
@18765
Sl 18000
Target i- 20000
ii- 22044
Nestle - at 1.61x extension of prior waveShorts can be tried hereon on nestle. Did golden extension of prior wave
if this is an ABC then good RR on shorts here
