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NESTLE INDIA LTD
Short
Jun 10, 2020
Nestle India Ltd. - WEEKLY
3
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Nestle India Ltd.
The stock is trading below the previous week's low and has given a close below the TE MINOR BAND.
RSI is mildly bearish.
***TRADINGEDGE TIME-TREND INDICATOR IS BEARISH***
***TE MINOR BAND IS IN RED ZONE***
If the price closes below 16366, the next support is 15500 and the resistance is 17920 on weekly chart.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
Garey_Singh
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