NESTLE

Nestlé India – Breakout Watch

Important Levels: Support: 2,420 – 2,360 Resistance: 2,580 – 2,650 Structure: Recovery after consolidation Business: Leading FMCG company with premium food and nutrition brands Strong pricing power and distribution network Beneficiary of premium consumption growth Earnings: Stable volume growth Healthy operating margins Defensive earnings profile Verdict: 👉 Quality FMCG compounder 👉 Watch for breakout confirmation