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 |
| 02 Thu May 2024 | 2512.30 | 2505.00 to 2541.00 | 0.2% | 0.75 times |
| 30 Tue Apr 2024 | 2507.40 | 2500.55 to 2537.60 | -0.1% | 0.55 times |
| 29 Mon Apr 2024 | 2509.80 | 2490.00 to 2524.40 | 1.09% | 0.42 times |
| 26 Fri Apr 2024 | 2482.75 | 2471.05 to 2582.80 | -3.12% | 0.9 times |
| 25 Thu Apr 2024 | 2562.65 | 2471.25 to 2577.90 | 2.5% | 2.2 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% | 0.85 times |
| 19 Fri Apr 2024 | 2437.70 | 2410.00 to 2471.35 | -1.01% | 1.25 times |
| 18 Thu Apr 2024 | 2462.55 | 2410.60 to 2542.65 | -3.28% | 2.06 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% | 0.78 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, and stock might move down till 2485.7 or till 2436.3. Use a stoploss of 2526.94 and if the stock hits stoploss, then it can shoot up till 2568.15