NESTLE INDIA LTD
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Nestle Can Give a sharp move.

Atualizado
Nestle moving in narrow range. forming Inside bars.

The dotted line is life high of nestle in April 20. Since then nestle didn't gave a proper sustainable close above that high.
Tried once to close above it but was easily rejected. Now that high is coinciding with the upper rang of the narrow range marked.

This major hurdle zone can be taken out with a sharp move.

if you observe closely the last 3 bars are the biggest, stock is moving in expansion phase. In this phase stocks give trendy moves & breakouts.
Trade fechado: objetivo atingido
Wind off longs by day end or trail SL.
Nota
Superb Move

18100 to 19500 🤟🏾
Trade fechado: objetivo atingido
Beyond Technical AnalysisbreakouttradingnarrowrangepriceactionTrend Analysis

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