Nestle india stock formed a ATH at 2773.30 as per price cycle on charts actual high may differ. The high was made in forty months. Price Cycle value of 2656 has been the resistance for last 6 months. Time cycle wise we have critical3 months ahead. Price of 2538.65 needs to be sustained for ensuing price action on the stock for further momentum. Price drop below 2392 will make it shaky in the new price cycle of 2300. Happy Trading !!!
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