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Technicals for Nestlé India Limited
By MusingTheNews
2025-10-17 20:49
Overall Technical outlook
Price Summary
In today's trading session, NESTLEIND's shares jumped by 2.03%, marking a remarkable day. On 2025-10-17, Nestlé India Limited's stock began at 1263.9, peaked at 1311.6, declined to 1261.3, and ended the day 2.03% up at 1289.5, with 3171742 shares traded. Over the course of 52 weeks, the stock peaked at 2472.6 and hit a low of 1089.4. The price outlook for NESTLEIND is between 2075.0 and 2820.0, with an average expectation of 2392.4473, as estimated by 38 analysts.
Technicals
Support and Resistance: The current price is 1289.5, with support at 1212.6 and resistance at 2276.5. This range suggests that the price might move between these levels, with 1212.6 offering support and 2276.5 capping further gains for Nestlé India Limited. Support/Resistance for NESTLEIND
Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding steady at the 100 level. This shows strong market momentum, but further exploration using additional indicators is necessary to confirm the trend's strength and future potential. Aroon chart for Nestlé India Limited
Bol. Bands: The price is above the upper Bollinger Band and has stayed there since its last surge. This situation suggests strong bullish momentum, possibly indicating that the asset is overbought. While traders might see this as a sign of ongoing strength, they should also be aware that extended periods above the band often lead to corrections or reversals, signaling a potential change in trend. Bolinger Bands chart for Nestlé India Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for NESTLEIND. Parabolic Stop and Reverse chart for Nestlé India Limited
Stochastic: NESTLEIND's stochastic indicator reflects a bullish trend, with the K-line positioned above the D-line and surpassing the 80 threshold. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors could interpret this as a positive signal for further gains. Stochastic chart for Nestlé India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for Nestlé India Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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