Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-20 View latest technical analysis

10 day averaged volume of Nestle India is 1093338

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	2550.25	2514.00	2555.00	2498.05	0.64 times
19 Tue Mar 2024	2496.05	2580.00	2584.75	2468.15	1.6 times
18 Mon Mar 2024	2580.35	2603.65	2610.80	2558.75	0.588 times
15 Fri Mar 2024	2603.65	2616.95	2629.90	2585.20	1.159 times
14 Thu Mar 2024	2612.75	2590.00	2619.95	2573.90	1.027 times
13 Wed Mar 2024	2582.95	2594.95	2653.65	2552.85	1.659 times
12 Tue Mar 2024	2590.15	2606.05	2615.05	2566.30	0.79 times
11 Mon Mar 2024	2611.50	2560.95	2631.00	2548.55	1.368 times
07 Thu Mar 2024	2560.95	2530.00	2566.00	2519.00	0.593 times
06 Wed Mar 2024	2533.05	2540.00	2566.75	2508.25	0.907 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2548.1 as stoploss in an intra day buy trade for a target of 2576.88. However, stock will show a bearish move below 2548.1.

Share price targets for Nestle India (NESTLEIND)

Target Type	Value
Downside Target	2409.10
Upside Target	2610.80
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	2475.33
Downside Intraday Target	2400.42
Upside Intraday Target	2617.98
Upside Intraday Target	2685.72
Downside Intraday Target	2543.07

Weekly technical analysis of Nestle India (NESTLEIND)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	2550.25	2603.65	2610.80	2468.15	0.471 times
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

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
20 Wed Mar 2024	2550.25	2596.20	2653.65	2468.15	0.8 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 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 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 2571.29 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 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.