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

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


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