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2021 Nestle India (NESTLEIND) technical analysis [forecast] stock price targets

Nestle India technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Nestle India deals in Packaged Foods Nestle India option chain analysis

Date Close Open High Low Volume
21 Thu Jan 17716.30 17770.00 17900.00 17655.35 0.71 lakhs
20 Wed Jan 17681.30 17767.00 17940.00 17623.05 0.74 lakhs
19 Tue Jan 17754.70 17730.00 17820.50 17670.00 0.63 lakhs
18 Mon Jan 17630.70 17849.95 18074.00 17556.75 1.21 lakhs
15 Fri Jan 17834.00 18110.05 18249.00 17800.00 0.96 lakhs
NESTLEIND chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17870.5, but if it comes above 17870.5, then a intra day buy could be more profitable.
If you take a sell trade below 17870.5, then use 17870.5 as stoploss and 17493.7 as target. However if you take a buy trade in stock , then use 17870.5 as stoploss and 18184.55 as target.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of NESTLEIND based on a mid 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.

Intraday technical analysis of Nestle India

Stock is trading at 17779.35 as on 22 Fri Jan 11:10

Day open is at 17784.00, day high is at 17882.30, day low is at 17623.05, and day volume is at 3.21 lakhs so far.

First 15 minute high low range is 17623.05 - 17810.00

First hour high low range is 17623.05 - 17882.30

Date Intraday Price Open High Low Volume
22 Fri Jan 11:10 17779.35 17784.00 17882.30 17623.05 33807
22 Fri Jan 11:05 17829.90 17784.00 17882.30 17623.05 33008
22 Fri Jan 11:00 17829.95 17784.00 17882.30 17623.05 32469
22 Fri Jan 10:55 17791.00 17784.00 17882.30 17623.05 31782
22 Fri Jan 10:50 17819.10 17784.00 17882.30 17623.05 29998
Intraday NESTLEIND chart

Prices of Nestle India are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Nestle India (NESTLEIND) intraday stock price targets

  • EntEntry: 17716.53 or 17731.75
  • Upside target: 17810
  • Downside target : 17436.1
  • Second Upside target: 17808.15
  • Second Downside target : 17563.5

Nestle India (NESTLEIND) weekly technical analysis

Date Weekly Close Open Range Volume
21 Thu Jan 17716.30 17849.95 17556.75
18074.00
3.283 lakhs
15 Fri Jan 17834.00 18350.00 17800.00
18545.85
5.204 lakhs
08 Fri Jan 18306.25 18495.00 18000.00
18630.00
4.757 lakhs
01 Fri Jan 18450.70 18844.00 18175.40
18844.00
4.935 lakhs
24 Thu Dec 18566.35 18262.75 18000.00
18830.00
5.033 lakhs
weekly NESTLEIND chart

Weekly forecast of Nestle India is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Nestle India 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.

Weekly Price action analysis of Nestle India based on a short to mid 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.

Nestle India (NESTLEIND) Monthly technical analysis

Date Monthly Close Open Range Volume
21 Thu Jan 17716.30 18389.70 17556.75
18630.00
13.747 lakhs
31 Thu Dec 18390.25 18067.80 17150.00
18844.00
32.331 lakhs
27 Fri Nov 17888.95 17201.00 16475.00
18068.90
38.643 lakhs
30 Fri Oct 17161.60 15919.00 15375.00
17360.00
29.472 lakhs
30 Wed Sep 15918.65 15995.00 15100.00
16515.00
26.52 lakhs
monthly NESTLEIND chart

Monthly forecast of Nestle India is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Nestle India 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.

Monthly Price action analysis of Nestle India based on a short to mid 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.

Nestle India Daily stock price targets

  • Upside daily target: 18647.53
  • Upside daily target: 17731.75

Nestle India Weekly stock price targets

  • Upside weekly target: 19113.18
  • Upside weekly target: 18189.93
  • Downside weekly target: 17283.06

Nestle India Monthly stock price targets

  • Upside monthly target: 19829.78
  • Upside monthly target: 18775.88
  • Upside monthly target: 17864.95
  • Downside monthly target: 16824.73
  • Downside monthly target: 15811
  • Downside monthly target: 14801.83

Nestle India (NESTLEIND) indicators technical analysis

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.

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 SELL signal for Nestle India in short term and the sell signal is strong.

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 red color and prices are in or above the red 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 17981.38 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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