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2020 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
28 Mon Sep 15719.80 15820.00 15870.55 15620.15 0.54 lakhs
25 Fri Sep 15736.80 15495.00 15830.00 15301.00 1.78 lakhs
24 Thu Sep 15258.85 15348.00 15438.30 15175.00 1.11 lakhs
23 Wed Sep 15366.05 15200.05 15398.95 15130.00 1.31 lakhs
22 Tue Sep 15199.25 15430.00 15430.00 15100.00 1.07 lakhs
NESTLEIND chart

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 15599.2 as stoploss in an intra day buy trade for a target of 15982.32. However, stock will show a bearish move below 15599.2.

  • Daily Price action analysis of 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.

  • 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Intraday technical analysis of Nestle India

Stock is trading at 15721.65 as on 29 Tue Sep 12:10

Day open is at 15800.00, day high is at 15851.05, day low is at 15650.00, and day volume is at 5.48 lakhs so far.

First 15 minute high low range is 15650.00 - 15851.05

First hour high low range is 15650.00 - 15851.05

Date Intraday Price Open High Low Volume
29 Tue Sep 12:10 15721.65 15800.00 15851.05 15650.00 23662
29 Tue Sep 12:05 15732.00 15800.00 15851.05 15650.00 23373
29 Tue Sep 12:00 15720.00 15800.00 15851.05 15650.00 23011
29 Tue Sep 11:55 15728.45 15800.00 15851.05 15650.00 22728
29 Tue Sep 11:50 15736.85 15800.00 15851.05 15650.00 22529
Intraday NESTLEIND chart

Trend of Nestle India is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Nestle India (NESTLEIND) intraday stock price targets

  • EntEntry: 15750.53 or 15707.6625
  • Upside target: 15851.05
  • Downside target : 15448.95
  • Second Upside target: 15795.18
  • Second Downside target : 15544.78

Nestle India (NESTLEIND) weekly technical analysis

Date Weekly Close Open Range Volume
28 Mon Sep 15719.80 15820.00 15620.15
15870.55
0.544 lakhs
25 Fri Sep 15736.80 16025.00 15100.00
16049.50
8.053 lakhs
18 Fri Sep 16087.05 16400.00 15925.00
16400.00
6.202 lakhs
11 Fri Sep 16325.35 16241.00 15972.10
16515.00
5.045 lakhs
04 Fri Sep 16232.60 16215.00 15739.90
16439.60
7.373 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Nestle India (NESTLEIND) Monthly technical analysis

Date Monthly Close Open Range Volume
28 Mon Sep 15719.80 15995.00 15100.00
16515.00
25.003 lakhs
31 Mon Aug 15949.55 16528.00 15875.00
16899.00
21.591 lakhs
31 Fri Jul 16522.20 17205.00 16432.20
17764.60
38.358 lakhs
30 Tue Jun 17174.45 17540.80 16052.20
17749.00
34.84 lakhs
29 Fri May 17540.80 17420.50 16108.65
17920.00
39.323 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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: 16298.9
  • Downside daily target: 15518.9

Nestle India Weekly stock price targets

  • Upside weekly target: 17118.3
  • Upside weekly target: 16244.79
  • Downside weekly target: 14943.65

Nestle India Monthly stock price targets

  • Upside monthly target: 19829.78
  • Upside monthly target: 18885.45
  • Upside monthly target: 17461.73
  • Upside monthly target: 16519.5
  • Downside monthly target: 15608.7
  • Downside monthly target: 14739.9

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 Weak and stock is losing momentum.

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

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 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 coming down

CCI has generated a buy signal for Nestle India in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 15699.59 and Nestle India NESTLEIND stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

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