NESTLE INDIA TREND ANALYSIS 17.05.2021

BUY 16870
TARGET 18834

Reason For Buying This Script :

In this script in long term it is travelling in trend line & channel line in monthly time frame . Now price are bounced near the channel line .
Once if the price closed above this level 18834 means. And next Long term target up to 23479.
Last weak it has moved around 3 % it may retest the 16870 level or else it may not. some time it wont retest the movement so be ready to buy at current market price.





Note :

Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.

ALL THE BEST ..