NESTLE INDIA LTD
Long

NESTLEIND, READY TO GIVE MOVE IN COMING DAYS (CHART# 348)

464
NESTLEIND has given breakout from Flag pattern formed over 1.5 years. Consolidation itself has for 4 months. It gave breakout on Monday and took a pause today (Tuesday) and formed inside candle which is again good sign.
Post 17310, it can give good move. Must have on your watchlist.

Daily view
snapshot

Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.

Thanks
Piyush Gupta

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