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 2024-04-18 View latest technical analysis

10 day averaged volume of Nestle India is 1010859

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	2462.55	2540.10	2542.65	2410.60	3.006 times
16 Tue Apr 2024	2546.10	2550.15	2583.65	2542.30	0.761 times
15 Mon Apr 2024	2553.65	2510.00	2577.00	2510.00	1.135 times
12 Fri Apr 2024	2536.20	2534.70	2559.00	2516.20	1.227 times
10 Wed Apr 2024	2527.60	2514.00	2533.00	2494.05	0.49 times
09 Tue Apr 2024	2502.80	2506.00	2522.20	2497.00	0.429 times
08 Mon Apr 2024	2498.05	2531.00	2547.25	2492.85	1.205 times
05 Fri Apr 2024	2537.65	2575.00	2576.00	2534.00	0.758 times
04 Thu Apr 2024	2549.60	2569.80	2570.00	2514.10	1.376 times
03 Wed Apr 2024	2553.95	2623.30	2623.95	2545.00	1.904 times

Stock of Nestle India (NESTLEIND) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2463.2, for a target of 2510.7 or 2550.28

Share price targets for Nestle India (NESTLEIND)

Target Type	Value
Downside Target	2409.10
Upside Target	2606.20
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	2387.55
Downside Intraday Target	2312.55
Upside Intraday Target	2560.6
Upside Intraday Target	2658.65
Upside Intraday Target	2485.6

Weekly technical analysis of Nestle India (NESTLEIND)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	2462.55	2510.00	2583.65	2410.60	1.463 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
22 Fri Mar 2024	2573.40	2603.65	2610.80	2468.15	0.763 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
18 Thu Apr 2024	2462.55	2622.35	2642.60	2410.60	0.73 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Nestle India stock for short term is SELL. Signal strength is Strong 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. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 2519.5 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.