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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
15 Tue Jun 17684.80 17646.00 17710.00 17511.00 0.47 lakhs
14 Mon Jun 17577.50 17461.40 17630.00 17417.60 0.37 lakhs
11 Fri Jun 17536.40 17609.00 17609.00 17365.00 0.49 lakhs
10 Thu Jun 17556.10 17525.00 17675.00 17490.00 0.42 lakhs
09 Wed Jun 17557.15 17460.00 17625.60 17440.00 0.42 lakhs
NESTLEIND chart

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 17687.9 as stoploss in an intra day sell trade for a target of 17558.32. However, stock will show a bullish move above 17687.9.

  • Daily Price action analysis of NESTLEIND 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.

  • 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 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 17684.80 as on 15 Tue Jun 15:33

Day open is at 17646.00, day high is at 17710.00, day low is at 17511.00, and day volume is at 15.12 lakhs so far.

First 15 minute high low range is 17511.00 - 17646.00

First hour high low range is 17511.00 - 17646.00

Date Intraday Price Open High Low Volume
15 Tue Jun 15:33 17684.80 17646.00 17710.00 17511.00 47174
15 Tue Jun 15:29 17710.00 17646.00 17710.00 17511.00 47174
15 Tue Jun 15:25 17687.00 17646.00 17710.00 17511.00 44316
15 Tue Jun 15:20 17675.00 17646.00 17710.00 17511.00 42122
15 Tue Jun 15:15 17680.15 17646.00 17710.00 17511.00 40423
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: 17578.5 or 17653.95
  • Upside target: 17646
  • Downside target : 17376
  • Second Upside target: 17796.9
  • Second Downside target : 17597.9

Nestle India (NESTLEIND) weekly technical analysis

Date Weekly Close Open Range Volume
15 Tue Jun 17684.80 17461.40 17417.60
17710.00
0.837 lakhs
11 Fri Jun 17536.40 17474.55 17353.50
17675.00
2.298 lakhs
04 Fri Jun 17426.80 17509.00 17380.00
17854.95
4.413 lakhs
28 Fri May 17509.40 17400.05 17300.75
17900.00
3.478 lakhs
21 Fri May 17497.10 17220.00 17000.60
17550.00
3.211 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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
15 Tue Jun 17684.80 17599.00 17353.50
17854.95
6.978 lakhs
31 Mon May 17695.55 16360.00 16272.65
17900.00
13.039 lakhs
30 Fri Apr 16309.25 17165.20 16255.00
17865.95
18.694 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
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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: 17974.65

Nestle India Weekly stock price targets

  • Upside weekly target: 18004.33
  • Downside weekly target: 17105.53
  • Downside weekly target: 16154.1

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: 15476.65

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nestle India in short term but the sell 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 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 moving up

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nestle India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17547.79 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 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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