NESTLE INDIA LTD
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big ascending triangle forming in Nestle

Atualizado
In weekly/monthly, ascending triangle is forming here, also 7300-7450, is a multi year resistance zone.

So after breakout the pattern will be confirmed, and we can get a tgt of 9200+
captura

In shorter time frame, trend is up, BB is is trending upward and candles are riding above 20 ma, captura

we ll discuss in detail about the tgts and sl, post breakout
Trade ativo
successful breakout here, tgt - 9160+ sl - 6860.
Nota
captura
Trade ativo
going good, till now 7724.75
Trade ativo
going good, till now 7850
Trade ativo
closed at 7921, more to come.
Nota
in daily, price closed above upper BB with good volume, and BB is expanding, looks quite bullish,

captura
Trade ativo
volatility is decreasing and BB is getting squeezed , high probability for breakout.

captura
Nota
breakout happened, but in the down side, price falling, and BB expanding,

captura
Trade fechado: objetivo atingido
cmp - 9888.85, total 33% gain till now, captura
Ascending TriangleBullish PatternsChart PatternsTriangleuptrend

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