Nestle India: Ready for more choco rally?
NESTLEIND
This is the weekly chart of Nestle. The swing confirms that Nestle is firmly in an upside move. However, it has been in a consolidation phase since June. 6600 is the key for today and tomorrow, any break of this level, signals next move up in making. The next swing if confirmed would take the (choco) scrip towards 6900. Caution: Buy only above 6620.
21/07/2016: CMP: 6715, Book Complete Profits. Call Closed...
This is the weekly chart of Nestle. The swing confirms that Nestle is firmly in an upside move. However, it has been in a consolidation phase since June. 6600 is the key for today and tomorrow, any break of this level, signals next move up in making. The next swing if confirmed would take the (choco) scrip towards 6900. Caution: Buy only above 6620.
21/07/2016: CMP: 6715, Book Complete Profits. Call Closed...
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