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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 2024-03-07 View latest technical analysis

10 day averaged volume of Nestle India is 652502

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	2560.95	2530.00	2566.00	2519.00	0.994 times
06 Wed Mar 2024	2533.05	2540.00	2566.75	2508.25	1.52 times
05 Tue Mar 2024	2538.65	2590.00	2595.20	2532.00	0.52 times
04 Mon Mar 2024	2589.10	2594.90	2601.10	2577.40	0.972 times
02 Sat Mar 2024	2594.90	2601.45	2609.40	2585.40	0.039 times
01 Fri Mar 2024	2601.45	2596.20	2616.55	2582.50	1.158 times
29 Thu Feb 2024	2596.20	2571.45	2606.20	2547.05	2.126 times
28 Wed Feb 2024	2570.90	2601.00	2605.00	2560.25	0.755 times
27 Tue Feb 2024	2598.70	2585.00	2601.45	2566.75	0.967 times
26 Mon Feb 2024	2583.90	2588.00	2588.00	2566.75	1.014 times

My analysis of stock is bullish for shortterm, and stock might move up till 2591.7 or till 2650.6. Use a stoploss of 2542.54 and if this stock hits its stoploss, then it can fall down till 2493.43

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	2512.43
Downside Intraday Target	2463.92
Upside Intraday Target	2605.28
Upside Intraday Target	2649.62
Downside Intraday Target	2556.77

Weekly technical analysis of Nestle India (NESTLEIND)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	2560.95	2594.90	2601.10	2508.25	0.661 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
07 Thu Mar 2024	2560.95	2596.20	2616.55	2508.25	0.208 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2577.23 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.