Is Nestle India technically bullish or bearish?

Jul 20 2025 08:03 AM IST
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As of July 18, 2025, the technical trend is bullish with moderate strength, driven by bullish weekly indicators, although caution is advised due to mixed signals from monthly indicators.
As of 18 July 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 chart, bullish Bollinger Bands on both weekly and monthly time frames, and bullish moving averages on the daily chart. However, the monthly MACD and KST remain mildly bearish, indicating some caution. Overall, the weekly indicators suggest a stronger bullish momentum, while the monthly indicators show mixed signals.
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