Nestle: Nestle stock attempts breakout above 200-DMA; is the consolidation over?
Apart from testing the 200-DMA, Nestle has also retraced 38.2% of the recent fall. Chart shows key hurdle for the stock at ₹ 2,400 levels; here are the other key levels to track.
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Nestle is a Switzerland-based food processing company that manufactures and markets products such as bottled water, milk, chocolate, ice cream and pet food.
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