HUGE OI BUILD UP-NOT TO B MISSEDNESTLE fut broke out of harmonic patterns chart on an hourly chart with very good OI build up suggesting long build up.
Could be bought with mention stoploss & targets.
2 IN 1Nestle fut after long process of consolidation made two patterns on hourly/daily charts :- rounding/saucer pattern & cup n handle with decent OI build up suggesting long build.
Risk:Reward 1:3
Not to be missed breakout with mentioned stoploss & targets. (for reference check dabur & hul)
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The volume of NESTLE INDIA FUTURES is 3.20 K. Track more important stats on the NESTLE INDIA FUTURES chart.
The nearest expiration date for NESTLE INDIA FUTURES is Feb 27, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell NESTLE INDIA FUTURES before Feb 27, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For NESTLE INDIA FUTURES this number is 2.80 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for NESTLE INDIA FUTURES shows that traders are closing their positions, which means a weakening trend.