Raghulramdoss

Trade opportunity in NESTLE INDIA

Long
NSE:NESTLEIND   NESTLE INDIA
This scrip had recently given breakout froma triangle pattern and in last trading session it broke its All Time High. I expect a consolidation because of some profit booking and it may continue to be bullish over next few months.
Swing traders may consider to long this scrip, start with small quantities and increase when it consolidates to average it.
As this is my prediction it may even go wrong, always follow your risk management and keep reasonable Stop Loss.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.