Nestle Bounce from its 100 EMA

Nestle recently hit an all time high of 11700 on 31st August 2018. It has fallen almost 15% from its all time high and now is at its 100 Day EMA.

Expect Nestle to take some support at around 10000 which is its 100 Day EMA and should also provide some bounce from here.
Chart PatternsTrend Analysis

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