Nestle India Ltd. - WEEKLY

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!!
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