Is Nestle India technically bullish or bearish?

Jul 25 2025 08:05 AM IST
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As of July 24, 2025, Nestle India's technical trend has shifted to mildly bearish, supported by bearish MACD readings and Bollinger Bands, despite some mildly bullish signals from daily moving averages and OBV.
As of 24 July 2025, the technical trend for Nestle India has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD readings indicating bearish momentum, along with Bollinger Bands and KST also signaling bearish conditions. The Dow Theory supports this bearish outlook on both weekly and monthly time frames. Although daily moving averages show a mildly bullish signal and OBV is mildly bullish on both time frames, the overall sentiment remains bearish due to the prevailing indicators.
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