Nestle make break zone.The stock is currently in a downtrend. The price has been making lower highs and lower lows over the past few months.
There is a Fibonacci zone of 0.3 - 05 and support zone around 2250. This is an area where the stock may show support or buying interest. If the stock price falls below this zone, it could indicate further downside potential.
This is my personal view.
Study the stock and analyze it.
Note: Remember that investing involves risks, and it’s essential to conduct thorough research and consult with a financial advisor before making any personal investment decisions.
NESTLEIND trade ideas
MACD Crossover Swing Trade📊 Script: NESTLEIND
📊 Nifty50 Stock: YES
📊 Sector: FMCG
📊 Industry: Food - Processing - MNC
⏱️ C.M.P 📑💰- 2622
🟢 Target 🎯🏆 - 2769
⚠️ Stoploss ☠️🚫 - 2560
📊 Script: ADANIPORTS
📊 Nifty50 Stock: YES
📊 Sector: Marine Port & Services
📊 Industry: Miscellaneous
⏱️ C.M.P 📑💰- 1341
🟢 Target 🎯🏆 - 1426
⚠️ Stoploss ☠️🚫 - 1293
📊 Script: HEROMOTOCO
📊 Nifty50 Stock: YES
📊 Sector: Automobile
📊 Industry: Automobiles - Motorcycles / Mopeds
⏱️ C.M.P 📑💰- 4722
🟢 Target 🎯🏆 - 4949
⚠️ Stoploss ☠️🚫 - 4597
📊 Script: AMBUJACEM
📊 Nifty50 Stock: NO
📊 Sector: Cement
📊 Industry: Cement - North India
⏱️ C.M.P 📑💰- 612
🟢 Target 🎯🏆 - 650
⚠️ Stoploss ☠️🚫 - 592
📊 Script: BERGEPAINT
📊 Nifty50 Stock: NO
📊 Sector: Paints/Varnish
📊 Industry: Paints / Varnishes
⏱️ C.M.P 📑💰- 573
🟢 Target 🎯🏆 - 603
⚠️ Stoploss ☠️🚫 - 558
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
#NESTLEIND Chart Analysis📊 #NESTLEIND Chart Analysis 📈
🔍 Trendline and RSI Support: Chart currently at Trendline Support and RSI Support, indicating a potential reversal. 📉
📉 Trade Setup:
💼 Entry: Current CMP 2420
🛑 SL: 2340
🎯 Target: 2580
⚠️ Disclaimer: Trading carries risk. Do your research. #StockMarket #TradingSignals 🚀
Nestle - How to trade today
Best stock to buy from here. Patience required. Money may double from here. Please read the notes as mentioned on the chart. Magical figure is 2500.
Disclaimer: I am not a SEBI registered analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Thank you
Can $NSE:NESTLEIND will Bounce ?Dear Followers,
I hope this message finds you well. I wanted to provide you with a brief update on the stock NSE:NESTLEIND I have been monitoring.
It appears that the stock is approaching a potential Support level Near 2470-2730 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 2640 In Upmove.
Resistance Levels to Watch out.
Resistance levels are the opposite, representing prices at which a stock has historically struggled to move above. These levels can signal a selling interest. Understanding resistance points is crucial for anticipating potential obstacles in the upward movement of a stock.
R1= 2570
R2= 2640
R3= 2760
Support Levels To Watchout.
Support levels represent prices at which a stock has historically had difficulty falling below. These levels often indicate a strong buying interest. It's important to monitor these levels, as a breach might suggest a potential downward trend.
S1= 2450
S2= 2360
S3= 2280
As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out.
Best regards,
NESTLE INDIADarvas boxes are a fairly simple indicator created by drawing a line along lows and highs. As you update the highs and lows over time, you will see rising boxes or falling boxes. Darvas box theory suggests only trading rising boxes and using the highs of the boxes that are breached to update the stop-loss orders.
support 23400
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 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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