Analyzing the remarkable 6.9% GDP growth of India in Q4 FY25, exploring...
Technicals for Nestlé India Limited
By MusingTheNews
2025-05-30 20:49
Overall Technical outlook
Price Summary
On 2025-05-30, Nestlé India Limited's stock opened at 2435.0, reached a high of 2457.0, dropped to a low of 2390.5, and closed down -1.59% at 2396.2, with a trading volume of 1067254 shares. Over the course of 52 weeks, the stock peaked at 2755.5 and hit a low of 2146.5. Based on recommendations from 37 analysts, the future price of NESTLEIND is expected to range from 2055.0 to 2825.0, with an average price expectation around 2423.919.
Technicals
Support and Resistance: At 2396.2, the price for NESTLEIND is supported at 2267.8 and resisted at 2416.6. This indicates a trading range where 2267.8 serves as a support level, potentially preventing further decline, while 2416.6 could limit upward movement. Support/Resistance for NESTLEIND
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Nestlé India Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Nestlé India Limited
Parabolic SAR: The PSAR continues to be bullish for NESTLEIND, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for Nestlé India Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Nestlé India Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend begins to falter. Tripple SMA chart for Nestlé India Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into the development saga of the Kaveri engine for...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.