Is Nestle India technically bullish or bearish?
As of June 27, 2025, Nestle India shows a bullish technical trend with strong indicators like a bullish MACD and Bollinger Bands, though some caution is warranted due to mildly bearish monthly indicators.
As of 27 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly timeframe, bullish Bollinger Bands on both weekly and monthly timeframes, and bullish daily moving averages. However, the monthly MACD and KST are mildly bearish, indicating some caution. The Dow Theory shows a mildly bullish trend on the weekly timeframe, while the OBV is also mildly bullish. Overall, the bullish indicators outweigh the bearish ones, supporting a positive outlook for Nestle India.
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