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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 2024-04-12 View latest technical analysis

10 day averaged volume of Nestle India is 1077948

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	2536.20	2534.70	2559.00	2516.20	1.15 times
10 Wed Apr 2024	2527.60	2514.00	2533.00	2494.05	0.459 times
09 Tue Apr 2024	2502.80	2506.00	2522.20	2497.00	0.403 times
08 Mon Apr 2024	2498.05	2531.00	2547.25	2492.85	1.13 times
05 Fri Apr 2024	2537.65	2575.00	2576.00	2534.00	0.711 times
04 Thu Apr 2024	2549.60	2569.80	2570.00	2514.10	1.291 times
03 Wed Apr 2024	2553.95	2623.30	2623.95	2545.00	1.786 times
02 Tue Apr 2024	2623.30	2597.00	2630.00	2583.00	0.671 times
01 Mon Apr 2024	2585.60	2622.35	2642.60	2582.50	0.689 times
28 Thu Mar 2024	2622.35	2567.05	2638.70	2567.05	2.025 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 2524.3 as stoploss in an intra day buy trade for a target of 2562.14. However, stock will show a bearish move below 2524.3.

Share price targets for Nestle India (NESTLEIND)

Target Type	Value
Downside Target	2409.10
Upside Target	2610.80
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	2499.7
Downside Intraday Target	2463.2
Upside Intraday Target	2565.85
Upside Intraday Target	2595.5
Downside Intraday Target	2529.35

Weekly technical analysis of Nestle India (NESTLEIND)

Date	Weekly Closing Price	Open	High	Low	Volume
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
22 Fri Mar 2024	2573.40	2603.65	2610.80	2468.15	0.763 times
15 Fri Mar 2024	2603.65	2560.95	2653.65	2548.55	2.511 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
12 Fri Apr 2024	2536.20	2622.35	2642.60	2492.85	0.47 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Weak 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 weakening, and bulls are picking up momentum!

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 2561.06 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.