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 |
| 19 Fri Apr 2024 | 2437.70 | 2410.00 to 2471.35 | -1.01% | 1.49 times |
| 18 Thu Apr 2024 | 2462.55 | 2410.60 to 2542.65 | -3.28% | 2.45 times |
| 16 Tue Apr 2024 | 2546.10 | 2542.30 to 2583.65 | -0.3% | 0.62 times |
| 15 Mon Apr 2024 | 2553.65 | 2510.00 to 2577.00 | 0.69% | 0.92 times |
| 12 Fri Apr 2024 | 2536.20 | 2516.20 to 2559.00 | 0.34% | 1 times |
| 10 Wed Apr 2024 | 2527.60 | 2494.05 to 2533.00 | 0.99% | 0.4 times |
| 09 Tue Apr 2024 | 2502.80 | 2497.00 to 2522.20 | 0.19% | 0.35 times |
| 08 Mon Apr 2024 | 2498.05 | 2492.85 to 2547.25 | -1.56% | 0.98 times |
| 05 Fri Apr 2024 | 2537.65 | 2534.00 to 2576.00 | -0.47% | 0.62 times |
| 04 Thu Apr 2024 | 2549.60 | 2514.10 to 2570.00 | -0.17% | 1.12 times |
| 03 Wed Apr 2024 | 2553.95 | 2545.00 to 2623.95 | -2.64% | 1.55 times |
| 02 Tue Apr 2024 | 2623.30 | 2583.00 to 2630.00 | 1.46% | 0.58 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, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
Although my analysis for Nestle India Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2451.4, for a target of 2506.4 or 2552.25