NESTLE INDIA LTD.
Long

NESTLEIND looks good for swing trade

90
As shown in the chart, the price was previously coming down every time it was touching its resistance line. But recently, it has broken its resistance and took support on the same resistance line and formed an inverted head-and-shoulders pattern, which is a bullish-reversal signal. So, these all are suggesting that NESTLEIND is ready for the next bullish move.

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