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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)

10 day averaged volume of Nestle India is 691330

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 2445.50 2468.35 2468.35 2433.80 1.043 times
16 Thu May 2024 2468.35 2470.00 2479.95 2420.30 1.407 times
15 Wed May 2024 2465.00 2488.00 2499.00 2460.00 0.628 times
14 Tue May 2024 2487.35 2506.10 2518.95 2482.00 0.805 times
13 Mon May 2024 2516.25 2532.75 2541.90 2506.05 0.492 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2460.4, but if it comes above 2460.4, then a intra day buy could be more profitable.
If you take a sell trade below 2460.4, then use 2460.4 as stoploss and 2421.2 as target. However if you take a buy trade in stock , then use 2460.4 as stoploss and 2493.15 as target.

Share price targets for Nestle India (NESTLEIND)

Target Type Value
Downside Target 2409.10
Upside Target 2541.00
Upside Target 2541.90
Upside Target 2549.90
Upside Target 2582.80
Upside Target 2583.65
Upside Target 2606.20
Upside Target 2642.60
Upside Target 2653.65
Upside Target 27693.00

Intraday share price targets for Nestle India (NESTLEIND)

Target Type Value
Downside Intraday Target 2396.57
Downside Intraday Target 2347.63
Upside Intraday Target 2518.17
Upside Intraday Target 2590.83
Upside Intraday Target 2469.23

Weekly technical analysis of Nestle India (NESTLEIND)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 2445.50 2532.75 2541.90 2420.30 0.778 times
10 Fri May 2024 2533.20 2474.40 2549.90 2446.95 1.058 times
03 Fri May 2024 2456.10 2502.00 2541.00 2436.25 0.48 times
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

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
17 Fri May 2024 2445.50 2507.40 2549.90 2420.30 0.369 times
30 Tue Apr 2024 2507.40 2622.35 2642.60 2410.00 1.306 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 13, 24, 29 Sell
MACD -278, -317Buy
Stochastics 27Sell
CCI -112Sell
RSI 35Sell
OBV -121627Sell
VWAP 2493Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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 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 in or above 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 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 2493.03 and Nestle India (NESTLEIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.

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