Nestle India – 08.02.2018.

Daily Sentiment: Bullish.

Weekly Sentiment: Bullish.

Trend Strength: Moderate

First Target: 7216 (Pivot point)

While NESTLEIND holds inside Buying zone pullback is possible.

Close above Pivot point would confirm further rise towards Target zone.

Target zone is crucial resistance zone. If bulls are able to clear it rise will continue.

If there is close below Buying zone further weakness is more likely.

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