Is Nestle India technically bullish or bearish?
As of July 28, 2025, Nestle India shows a mildly bearish trend, supported by bearish MACD readings and Bollinger Bands, despite some mixed signals from Dow Theory and daily moving averages.
As of 28 July 2025, the technical trend for Nestle India has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish trend. The Bollinger Bands also confirm a bearish outlook on both time frames. The KST is mildly bearish weekly and bearish monthly, while the Dow Theory shows a mixed signal with a mildly bearish weekly and mildly bullish monthly stance. Despite the daily moving averages being mildly bullish, the overall indicators suggest a bearish sentiment, particularly in the context of recent performance, with a significant decline in stock price over the past week and month compared to the Sensex.
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