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Technicals for Nestlé India Limited
By MusingTheNews
2025-12-12 20:49
Overall Technical outlook
Price Summary
On 2025-12-10, Nestlé India Limited's stock opened at 1215.8, reached 1221.8, hit a low of 1205.0, and rose -0.53% to close at 1209.3, with 514845 shares traded. The stock's peak price over the last 52 weeks is 2472.6, with the lowest being 1089.4. The price outlook for NESTLEIND is between 1010.0 and 1500.0, with an average expectation of 1287.9595, as estimated by 37 analysts.
Technicals
Support and Resistance: The price is currently at 1209.3, supported by 1153.0 and resisted by 1212.6. This indicates a range where 1153.0 may provide a base for the price, while 1212.6 serves as a cap on further upward movement for NESTLEIND. Support/Resistance for NESTLEIND
Aroon: The Aroon indicator signals a continued bearish trend, with Aroon Down holding steady at the 100 level. This ongoing downward pressure requires further exploration with additional indicators to understand its broader implications. Aroon chart for Nestlé India Limited
Bol. Bands: The current price for Nestlé India Limited has crossed under the lower Bollinger Band, indicating potential oversold conditions. This move suggests that selling pressure has increased, pushing prices below what is typically considered a lower limit. The breach could either signal a continuation of the downtrend or a reversal if the market begins to recover from these levels, making it a critical point to monitor for traders. Bolinger Bands chart for Nestlé India Limited
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for NESTLEIND. Parabolic Stop and Reverse chart for Nestlé India Limited
Stochastic: With the Stochastic K-line under the D-line and below 20, the market shows a mildly bearish trend. This positioning suggests that NESTLEIND may face some downside risk, though the bearish signal is not particularly strong. Traders should consider this as a cautious indicator. Stochastic chart for Nestlé India Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for Nestlé India Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
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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