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Vineet Chawla

11th Apr 2025 · SEBI-Registered Analyst

Close near 200 day SMA

NESTLEIND
The stock has closed near its 200-day Simple Moving Average (SMA), a key long-term trend indicator. This proximity suggests that the stock is finding support or resistance at this level. A bounce off the 200-day SMA could indicate a continuation of the trend, while a break below may signal a shift in momentum. Investors will be watching this level closely for potential trading opportunities

#TechnicalViews#WatchOutFor#EquityResearch
Image 11-04-25 at 10.45 PM.jpeg
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