Nestle Respecting the Trend Long

NESTLE INDIANSE

Description

⋅ Feb 2, 2021 1:29 PM

As you can see, Nestle is respecting the trend line very well and MACD indicator also is showing bullishness. I have placed the order for the mentioned entry price which I am expecting to hit again.

Trade active

⋅ Feb 3, 2021 5:53 AM

17125 triggered and active now.

Comments

manasshalgar

⋅ Feb 2, 2021 2:06 PM

Yes perfect observation. Perfectly respecting tendlines and most importantly resting on 100 SMA. Stochastic RSI is also crossing up. 👍

blueelvis

⋅ Feb 2, 2021 2:07 PM

@manasshalgar, Thank you very much! Yes, this seems like a good buying opportunity. Let's see :)