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Technicals for Nestlé India Limited
By MusingTheNews
2025-09-04 20:37
Overall Technical outlook
Price Summary
On 2025-09-04, Nestlé India Limited's shares started at 1230.0, peaked at 1238.2, bottomed out at 1208.0, and ended -1.41% down at 1212.6, with 3346052 shares traded. In the 52-week period, the stock's peak price is 2755.5, and the lowest price recorded is 1089.4. The future price of NESTLEIND is anticipated to range from 2075.0 to 2820.0, with an expected mean price of 2392.4473, according to the recommendations of 38 analysts.
Technicals
Support and Resistance: The current price of 1212.6 is supported at 1153.0, with resistance at 2174.35. This suggests that the price for NESTLEIND might remain between these levels, where 1153.0 acts as a floor and 2174.35 as a ceiling in the market. Support/Resistance for NESTLEIND
Aroon: The bullish trend in Aroon remains, with Aroon Up consistently at the 100 level. This points to sustained upward momentum, but the trend should be explored further alongside other indicators to better understand its implications. Aroon chart for Nestlé India Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Nestlé India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Nestlé India Limited
Parabolic SAR: The PSAR for NESTLEIND maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Nestlé India Limited
Stochastic: The stochastic indicator shows bullish conditions, with the K-line positioned above the D-line and exceeding the 80 level. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors might view this as a favorable sign for continued growth. Stochastic chart for Nestlé India Limited
Tripple Moving Agerage: The moving averages for NESTLEIND for the 20-50-100 periods point to a bullish trend, but the slopes of the faster averages suggest this strength may be waning. The potential for a reversal is becoming apparent, as the shorter-term averages indicate that the upward momentum could be weakening, signaling a possible trend change. Tripple SMA chart for Nestlé India Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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