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EXPECTING A BULLISH MOVE IN NESCO

NSE:NESCO   NESCO LTD
As per the 2 Hour Chart of NESCO, we can witness a Formation of “Piercing Pattern” on the chart. Therefore, we are expecting a bullish momentum in NESCO in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 589.70, 602.15, and 608.25. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 577.45, on closing basis. Closing Price (as on 29.12.21) : 585.15


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Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
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