Nestle India Ltd.
Long

NESTLE: Triangle Pattern Breakout

256
NESTLE has been consolidating for few years forming a triangle pattern and has clearly broken the resistance now. Based o the calculation, stock is expected to move up in the long term.

Stop loss would be around 1288 price range and expect a potential risk reward ratio of 1:3

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.