Nestle India has recently found strong support near ₹1,150, indicating a base formation after a sharp correction. The stock is attempting a breakout above short-term resistance at ₹1,250, which, if successful, could drive it toward ₹1,320–₹1,350. Technical indicators show mixed but improving momentum, suggesting cautious optimism for a rebound. Long-term investors may consider accumulation around current levels with targets near ₹1,450–₹1,500.
BUY : NESTLEIND-EQ( NESTLEIND ) [17963]
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