Nestle - Breakdown
As warned yest FMCG was at critical levels and close to a breaking down. The first one to do so was Nestle India.
Nestle needs to quickly recover 16975 and then 17150 quickly else it will form a good short trade.
The next time Nestle falls below 16800 its a clear short trade...for now watch to see what it does tomorrow.
Nestle needs to quickly recover 16975 and then 17150 quickly else it will form a good short trade.
The next time Nestle falls below 16800 its a clear short trade...for now watch to see what it does tomorrow.
Penafian
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