Nestle launch 10th June 0915hrs New ATH
Pretty straightforward looks like its flagging on the daily and all time frames the 50 day coming up nicely in the flag bit on the daily to offer support.
Again another one to potentially go in price discovery mode ,awesome liquidity with reliance and nestle so maybe high leverage big postion size quick in and out on break out .
Its like the pandemic was the best thing to happen for the markets , just raise your stops along the way,pay your self and hop off if it looses a level.
In my view till the Nifty touches 10500-10700 we keep assuming its bull season .
Launch may be rescheduled due to weather:)
Keep your eyes on this ..
Again another one to potentially go in price discovery mode ,awesome liquidity with reliance and nestle so maybe high leverage big postion size quick in and out on break out .
Its like the pandemic was the best thing to happen for the markets , just raise your stops along the way,pay your self and hop off if it looses a level.
In my view till the Nifty touches 10500-10700 we keep assuming its bull season .
Launch may be rescheduled due to weather:)
Keep your eyes on this ..
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