#NestleIndia is forming #EveningStar kind of pattern. Previous weekly candle formed O=H and last weekly candle closed below that. 18000 is the high of recent ultra-high volume candle.
But lack of volume during the last two candles fall suggest that it could be a temporary pullback. Considering this as a BO retest, chances of a bounce is high.
18000 is LOC. However sustaining below 18000 can increase pressure of long unwinding.