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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 1488152

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	2482.75	2574.95	2582.80	2471.05	0.888 times
25 Thu Apr 2024	2562.65	2519.95	2577.90	2471.25	2.178 times
24 Wed Apr 2024	2500.15	2515.05	2535.80	2488.25	0.486 times
23 Tue Apr 2024	2501.25	2449.00	2510.00	2425.95	0.756 times
22 Mon Apr 2024	2458.70	2436.50	2482.00	2427.85	0.842 times
19 Fri Apr 2024	2437.70	2430.00	2471.35	2410.00	1.244 times
18 Thu Apr 2024	2462.55	2540.10	2542.65	2410.60	2.042 times
16 Tue Apr 2024	2546.10	2550.15	2583.65	2542.30	0.517 times
15 Mon Apr 2024	2553.65	2510.00	2577.00	2510.00	0.771 times
12 Fri Apr 2024	2536.20	2534.70	2559.00	2516.20	0.833 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 2481.2 as stoploss in an intra day buy trade for a target of 2530.45. However, stock will show a bearish move below 2481.2.

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	2411.53
Downside Intraday Target	2340.32
Upside Intraday Target	2568.38
Upside Intraday Target	2654.02
Upside Intraday Target	2497.17

Weekly technical analysis of Nestle India (NESTLEIND)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	2482.75	2436.50	2582.80	2425.95	1.126 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
26 Fri Apr 2024	2482.75	2622.35	2642.60	2410.00	1.23 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 BUY. Signal strength is Weak 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. Bulls are getting tired and bears are picking up momentum.

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 but SELL 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

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 2502.72 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.