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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 2024-03-06 View latest technical analysis

10 day averaged volume of Nestle India is 628575

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	2533.05	2540.00	2566.75	2508.25	1.578 times
05 Tue Mar 2024	2538.65	2590.00	2595.20	2532.00	0.54 times
04 Mon Mar 2024	2589.10	2594.90	2601.10	2577.40	1.009 times
02 Sat Mar 2024	2594.90	2601.45	2609.40	2585.40	0.041 times
01 Fri Mar 2024	2601.45	2596.20	2616.55	2582.50	1.202 times
29 Thu Feb 2024	2596.20	2571.45	2606.20	2547.05	2.207 times
28 Wed Feb 2024	2570.90	2601.00	2605.00	2560.25	0.784 times
27 Tue Feb 2024	2598.70	2585.00	2601.45	2566.75	1.004 times
26 Mon Feb 2024	2583.90	2588.00	2588.00	2566.75	1.053 times
23 Fri Feb 2024	2579.00	2565.00	2583.00	2551.95	0.963 times

My analysis of stock is bearish for shortterm, and stock might move down till 2484.2 or till 2420.8. Use a stoploss of 2537 and if the stock hits stoploss, then it can shoot up till 2589.84

Share price targets for Nestle India (NESTLEIND)

Target Type	Value
Downside Target	2409.10
Upside Target	2601.10
Upside Target	2606.20
Upside Target	2616.55
Upside Target	23773.10
Upside Target	24138.65
Upside Target	24589.90
Upside Target	26650.00
Upside Target	27693.00

Intraday share price targets for Nestle India (NESTLEIND)

Target Type	Value
Downside Intraday Target	2493.83
Downside Intraday Target	2454.62
Upside Intraday Target	2586.68
Upside Intraday Target	2640.32
Upside Intraday Target	2547.47

Weekly technical analysis of Nestle India (NESTLEIND)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	2533.05	2594.90	2601.10	2508.25	0.497 times
02 Sat Mar 2024	2594.90	2588.00	2616.55	2547.05	1.177 times
23 Fri Feb 2024	2579.00	2495.00	2583.00	2481.40	1.178 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

Price has moved down 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
06 Wed Mar 2024	2533.05	2596.20	2616.55	2508.25	0.168 times
29 Thu Feb 2024	2596.20	2510.00	2606.20	2409.10	0.994 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

Scroll below to view daily charts

Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nestle India ( (NESTLEIND) ) based on a short to mid 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 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 gaining 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nestle India in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2579.01 and Nestle India (NESTLEIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been positive

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