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(NESTLEIND) Nestle India complete technical analysis [charts+indicators] | Buy/Sell Nestle India | (NESTLEIND) share price targets

Complete technical analysis of Nestle India (NESTLEIND) by charts plus indicators, forecast predictions and share price targets for Nestle India (NESTLEIND)

Nestle India trades in NSE in Packaged Foods sector.

Showing technical analysis as on 2024-02-19 View latest technical analysis

10 day averaged volume of Nestle India is 819648

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	2513.25	2495.00	2525.50	2481.40	0.583 times
16 Fri Feb 2024	2487.65	2457.05	2490.50	2448.60	0.911 times
15 Thu Feb 2024	2453.55	2495.00	2495.00	2438.00	1.025 times
14 Wed Feb 2024	2487.00	2450.00	2497.35	2435.05	0.621 times
13 Tue Feb 2024	2457.35	2474.00	2476.60	2444.95	0.379 times
12 Mon Feb 2024	2459.05	2459.75	2467.95	2439.30	0.543 times
09 Fri Feb 2024	2450.10	2442.85	2465.90	2420.05	1.023 times
08 Thu Feb 2024	2423.05	2503.95	2513.85	2409.10	2.018 times
07 Wed Feb 2024	2499.60	2470.00	2511.55	2446.70	1.888 times
06 Tue Feb 2024	2456.65	2462.35	2477.95	2445.75	0.94 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2500, but if it comes below 2500, then a intra day sell could be more profitable.
If you take a sell trade below 2500, then use 2500 as stoploss and 2476.74 as target. However if you take a buy trade in stock , then use 2500 as stoploss and 2527.8 as target.

Share price targets for Nestle India (NESTLEIND)

Target Type	Value
Downside Target	2409.10
Upside Target	2528.00
Upside Target	2531.15
Upside Target	22255.15
Upside Target	23773.10
Upside Target	24138.65
Upside Target	24589.90
Upside Target	24745.00
Upside Target	26650.00
Upside Target	27693.00

Intraday share price targets for Nestle India (NESTLEIND)

Target Type	Value
Downside Intraday Target	2487.93
Downside Intraday Target	2462.62
Upside Intraday Target	2532.03
Upside Intraday Target	2550.82
Downside Intraday Target	2506.72

Weekly technical analysis of Nestle India (NESTLEIND)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	2513.25	2495.00	2525.50	2481.40	0.167 times
16 Fri Feb 2024	2487.65	2459.75	2497.35	2435.05	0.534 times
09 Fri Feb 2024	2450.10	2505.00	2513.85	2409.10	1.488 times
02 Fri Feb 2024	2481.40	2482.15	2531.15	2462.70	1.392 times
25 Thu Jan 2024	2482.15	2520.00	2528.00	2446.00	0.651 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Nestle India (NESTLEIND)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	2513.25	2510.00	2525.50	2409.10	0.625 times
31 Wed Jan 2024	2506.00	26650.00	27693.00	2446.00	8.102 times
29 Fri Dec 2023	26580.30	24339.95	26650.00	24138.65	1.667 times
30 Thu Nov 2023	24236.15	24200.00	24589.90	23773.10	0.646 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nestle India (NESTLEIND)

Price action analysis of Nestle India ( (NESTLEIND) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nestle India ( (NESTLEIND) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Nestle India ( (NESTLEIND) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Nestle India stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Nestle India in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nestle India Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nestle India in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nestle India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2465.21 and Nestle India (NESTLEIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Nestle India (NESTLEIND) stock. Volume based technical analysis of Nestle India (NESTLEIND) stock is negative.

Nestle India Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.