Is Nestle India technically bullish or bearish?

Jun 30 2025 08:02 AM IST
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As of June 27, 2025, Nestle India shows a bullish technical stance with strong indicators like a bullish MACD and Bollinger Bands, despite some caution from mildly bearish monthly signals.
As of 27 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Nestle India is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly time frames, and a bullish daily moving average. However, the monthly MACD and KST are mildly bearish, indicating some caution. The Dow Theory shows a mildly bullish trend on the weekly chart, while the On-Balance Volume (OBV) is mildly bullish on both weekly and monthly charts. Overall, the bullish indicators outweigh the bearish signals, supporting a positive outlook.
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