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nestle india stock analysis suggests potential rally before further decline

Nestle India is currently experiencing a corrective phase, with potential upward movement towards 2500 before a downturn. The daily chart indicates a possible double top at 2785, while a recent drop through 2185 suggests a larger degree correction may be underway. Key resistance remains at 2785, with analysts predicting a rally towards 2440-50 before prices decline again.

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