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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
09 Fri Apr 17592.40 17611.10 17849.00 17500.00 0.74 lakhs
08 Thu Apr 17689.90 17425.05 17759.00 17326.85 1.18 lakhs
07 Wed Apr 17409.85 17100.00 17865.95 17025.00 1.78 lakhs
06 Tue Apr 17081.70 16910.00 17120.00 16800.00 0.64 lakhs
05 Mon Apr 16880.55 17150.00 17150.00 16723.90 0.82 lakhs
NESTLEIND chart

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 17732.5, for a target of 17266.8 or 16878.67

  • Daily Price action analysis of NESTLEIND 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.

  • Daily Price action analysis of NESTLEIND 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.

  • Daily Price action analysis of NESTLEIND based on a mid term time period is

Intraday technical analysis of Nestle India

Stock is trading at 17567.70 as on 12 Mon Apr 11:25

Day open is at 17375.15, day high is at 17620.00, day low is at 17341.10, and day volume is at 4.1 lakhs so far.

First 15 minute high low range is 17375.15 - 17500.00

First hour high low range is 17341.10 - 17500.00

Date Intraday Price Open High Low Volume
12 Mon Apr 11:25 17567.70 17375.15 17620.00 17341.10 23865
12 Mon Apr 11:20 17583.60 17375.15 17620.00 17341.10 23480
12 Mon Apr 11:15 17577.00 17375.15 17620.00 17341.10 23026
12 Mon Apr 11:10 17566.30 17375.15 17569.65 17341.10 21999
12 Mon Apr 11:05 17515.00 17375.15 17549.40 17341.10 20798
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: 17437.58 or 17610.35
  • Upside target: 17500
  • Downside target : 17250.3
  • Second Upside target: 17720.7
  • Second Downside target : 17371.7

Nestle India (NESTLEIND) weekly technical analysis

Date Weekly Close Open Range Volume
09 Fri Apr 17592.40 17150.00 16723.90
17865.95
5.162 lakhs
01 Thu Apr 17083.15 16610.00 16610.00
17299.00
3.424 lakhs
26 Fri Mar 16571.75 16451.00 16116.00
16769.80
5.2 lakhs
19 Fri Mar 16450.85 16879.85 16070.00
17020.00
5.1 lakhs
12 Fri Mar 16722.45 16725.05 16607.00
17009.85
3.333 lakhs
weekly NESTLEIND chart

Weekly forecast of Nestle India is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Nestle India based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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
09 Fri Apr 17592.40 17165.20 16723.90
17865.95
5.993 lakhs
31 Wed Mar 17165.20 16236.00 16070.00
17299.00
21.619 lakhs
26 Fri Feb 16101.60 17200.00 16002.10
17646.00
31.717 lakhs
29 Fri Jan 17060.00 18389.70 16961.30
18630.00
18.577 lakhs
31 Thu Dec 18390.25 18067.80 17150.00
18844.00
32.331 lakhs
monthly NESTLEIND chart

Monthly forecast of Nestle India is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly 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.

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: 18058.38
  • Downside daily target: 17135.85
  • Downside daily target: 16246.65

Nestle India Weekly stock price targets

  • Upside weekly target: 18300.2
  • Downside weekly target: 17354.7
  • Downside weekly target: 16463.3
  • Downside weekly target: 15578.15

Nestle India Monthly stock price targets

  • Upside monthly target: 19464.13
  • Upside monthly target: 18307.06
  • Downside monthly target: 17403.15
  • Downside monthly target: 16437.95
  • Downside monthly target: 15400.28

Nestle India (NESTLEIND) indicators technical analysis

Price action analysis of Nestle India (NESTLEIND) 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.

ADX buy sell signal for Nestle India stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nestle India in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 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 17090.65 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 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 is giving positive 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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