Nestlé India NSE 17/03/2022There exist regular bullish divergence between MCAD and price which is the sign of trend reversal and most probably price appreciates to the 2 defined targets.
There are chances that the price touches the 61.8% of Fibonacci retirement level even and then continues its bearish cycle.
The overall script sentiment is bearish as the entire markets are falling yet there are some chances of some appreciations befor the fall roll out
