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Nestle looks good

Discussion in 'Technical Analysis' started by monilhathi, Jan 8, 2014.

  1. monilhathi

    monilhathi New Member

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    Nestle looks good to buy at current levels. Target: about 5515
     

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    monilhathi, Jan 8, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes quite good and Nestle is always a safe bet
     
    shabbir, Jan 9, 2014
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  3. abhi007ds

    abhi007ds New Member

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    Nestle is around good long term support level of 4950-5000. Shabbir is it good to buy now for target of 5500?
     
    abhi007ds, Feb 4, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    No I would not buy now but wait for 3 to 4 trading sessions and see if 4900 is not broken. In fact if stock consolidates that will help deciding if it is buy or not.
     
    shabbir, Feb 4, 2014
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