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????
once the stock breaks the support line, it is time to go for short trade. a clear descending triangle can be visualized.
NESTLE - The BAT harmonic Wait for a daily close above Point B for the set up to get activated. Target at point D
The 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.
Nestle 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.
Nestle India buy- #swing trades @18765 Sl 18000 Target i- 20000 ii- 22044
Shorts can be tried hereon on nestle. Did golden extension of prior wave if this is an ABC then good RR on shorts here
Nestle is at resistance. Poor results this qtr. Longs should consider selling here
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.
The move from around 16600 in Nestle looks like a 5th wave. Once the 5th ends a corrective is most likely outcome. Longs should use current strength to exit
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Another popular stock which could get hit by raw material price hikes is Nestle. If the stock stays below the 200EMA then it could remain weak and have a short side bias. Short below the short term support of 17863 with a stoploss of 18340.
if sustains above 18550 target 19000+ sl 18190 it is just for the purpose of observations
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...
#NESTLEIND is trading near important trendline! Make or Break level... #StocksToTrade #StocksInFocus #StockToWatch #StockMarketindia #breakoutstocks #StockMarket
NSE:NIFTY NSE:NESTLEIND Close above cloud we are looking for marked targets and to new all time highs! #ICHIMOKU #CANDLESTICKS #TRENDLINE BREAKOUT!
Given trendline breakout . best buy around 19100-19200,tgt 19600/19900
This Big FMCG stock forming symmetric triangle on 30 MTF. Keep eye on this. Plan your trade accordingly...