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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.

10 day averaged volume of Nestle India is 1235041

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	2458.70	2436.50	2482.00	2427.85	1.014 times
19 Fri Apr 2024	2437.70	2430.00	2471.35	2410.00	1.499 times
18 Thu Apr 2024	2462.55	2540.10	2542.65	2410.60	2.461 times
16 Tue Apr 2024	2546.10	2550.15	2583.65	2542.30	0.623 times
15 Mon Apr 2024	2553.65	2510.00	2577.00	2510.00	0.929 times
12 Fri Apr 2024	2536.20	2534.70	2559.00	2516.20	1.004 times
10 Wed Apr 2024	2527.60	2514.00	2533.00	2494.05	0.401 times
09 Tue Apr 2024	2502.80	2506.00	2522.20	2497.00	0.351 times
08 Mon Apr 2024	2498.05	2531.00	2547.25	2492.85	0.987 times
05 Fri Apr 2024	2537.65	2575.00	2576.00	2534.00	0.62 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2492.9, but if it comes above 2492.9, then a intra day buy could be more profitable.
If you take a sell trade below 2492.9, then use 2492.9 as stoploss and 2434.7 as target. However if you take a buy trade in stock , then use 2492.9 as stoploss and 2541.28 as target.

Share price targets for Nestle India (NESTLEIND)

Target Type	Value
Downside Target	2409.10
Upside Target	2583.65
Upside Target	2606.20
Upside Target	2638.70
Upside Target	2642.60
Upside Target	2653.65
Upside Target	24138.65
Upside Target	26650.00
Upside Target	27693.00

Intraday share price targets for Nestle India (NESTLEIND)

Target Type	Value
Downside Intraday Target	2430.37
Downside Intraday Target	2402.03
Upside Intraday Target	2484.52
Upside Intraday Target	2510.33
Downside Intraday Target	2456.18

Weekly technical analysis of Nestle India (NESTLEIND)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	2458.70	2436.50	2482.00	2427.85	0.184 times
19 Fri Apr 2024	2437.70	2510.00	2583.65	2410.00	2.009 times
12 Fri Apr 2024	2536.20	2531.00	2559.00	2492.85	0.61 times
05 Fri Apr 2024	2537.65	2622.35	2642.60	2514.10	1.369 times
28 Thu Mar 2024	2622.35	2568.00	2638.70	2532.15	0.809 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
22 Mon Apr 2024	2458.70	2622.35	2642.60	2410.00	0.893 times
28 Thu Mar 2024	2622.35	2596.20	2653.65	2468.15	1.167 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

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 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 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 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 below 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 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 2492 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 negative.

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