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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 2024-03-15 View latest technical analysis

10 day averaged volume of Nestle India is 869049

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	2603.65	2616.95	2629.90	2585.20	1.458 times
14 Thu Mar 2024	2612.75	2590.00	2619.95	2573.90	1.292 times
13 Wed Mar 2024	2582.95	2594.95	2653.65	2552.85	2.087 times
12 Tue Mar 2024	2590.15	2606.05	2615.05	2566.30	0.993 times
11 Mon Mar 2024	2611.50	2560.95	2631.00	2548.55	1.721 times
07 Thu Mar 2024	2560.95	2530.00	2566.00	2519.00	0.746 times
06 Wed Mar 2024	2533.05	2540.00	2566.75	2508.25	1.141 times
05 Tue Mar 2024	2538.65	2590.00	2595.20	2532.00	0.39 times
04 Mon Mar 2024	2589.10	2594.90	2601.10	2577.40	0.73 times
02 Sat Mar 2024	2594.90	2601.45	2609.40	2585.40	0.029 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2603.4, but if it comes below 2603.4, then a intra day sell could be more profitable.
If you take a sell trade below 2603.4, then use 2603.4 as stoploss and 2575.36 as target. However if you take a buy trade in stock , then use 2603.4 as stoploss and 2637.1 as target.

Share price targets for Nestle India (NESTLEIND)

Target Type	Value
Downside Target	2409.10
Upside Target	2606.20
Upside Target	2616.55
Upside Target	2653.65
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	2550.25
Downside Intraday Target	2496.85
Upside Intraday Target	2655.35
Upside Intraday Target	2707.05
Downside Intraday Target	2601.95

Weekly technical analysis of Nestle India (NESTLEIND)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	2603.65	2560.95	2653.65	2548.55	2.511 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nestle India (NESTLEIND)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	2603.65	2596.20	2653.65	2508.25	0.611 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 but selling is losing 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 2586.65 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 positive

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