Stock analysis Nestle India Limited NESTLEIND
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Recent prices of NESTLEIND Nestle India Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 26 Fri Apr 2024 | 2482.75 | 2471.05 to 2582.80 | -3.12% | 0.89 times |
| 25 Thu Apr 2024 | 2562.65 | 2471.25 to 2577.90 | 2.5% | 2.18 times |
| 24 Wed Apr 2024 | 2500.15 | 2488.25 to 2535.80 | -0.04% | 0.49 times |
| 23 Tue Apr 2024 | 2501.25 | 2425.95 to 2510.00 | 1.73% | 0.76 times |
| 22 Mon Apr 2024 | 2458.70 | 2427.85 to 2482.00 | 0.86% | 0.84 times |
| 19 Fri Apr 2024 | 2437.70 | 2410.00 to 2471.35 | -1.01% | 1.24 times |
| 18 Thu Apr 2024 | 2462.55 | 2410.60 to 2542.65 | -3.28% | 2.04 times |
| 16 Tue Apr 2024 | 2546.10 | 2542.30 to 2583.65 | -0.3% | 0.52 times |
| 15 Mon Apr 2024 | 2553.65 | 2510.00 to 2577.00 | 0.69% | 0.77 times |
| 12 Fri Apr 2024 | 2536.20 | 2516.20 to 2559.00 | 0.34% | 0.83 times |
| 10 Wed Apr 2024 | 2527.60 | 2494.05 to 2533.00 | 0.99% | 0.33 times |
| 09 Tue Apr 2024 | 2502.80 | 2497.00 to 2522.20 | 0.19% | 0.29 times |
Technical analysis forecast for Nestle India Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Nestle India Limited NESTLEIND at this time. Stock is falling and might fall more.
It appears as if Nestle India Limited NESTLEIND gave a large move recently.
Stock of Nestle India Limited (NESTLEIND) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Nestle India Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nestle India Limited stays below 2483.7, but if it comes above 2483.7, then a intra day buy could be more profitable.
If you take a sell trade below 2483.7, then use 2483.7 as stoploss and 2424.6 as target. However if you take a buy trade in Nestle India Limited, then use 2483.7 as stoploss and 2532.9 as target.