Nestle IND Stock Analysis 1W 05/07/21

Hello everyone , as we all know the market action discounts everything :) looks like a double bottom has formed and the stock could be rallying up as soon as we get the conformation around the 18050 area , if that happens the stock could be going up to the ranges of 20000 . MA giving us a bullish sign and both the Stoch and MACD giving buy signals with noticeable bullish candlestick pattern (3 white soldiers )

Fundamental analysis :
Nestle India Ltd. quote is equal to 17602.80 INR at 2021-07-05. a long-term increase is expected, the "NESTLEIND" stock price prognosis for 2026-06-29 is 33720.90 INR. With a 5-year investment, the revenue is expected to be around +91.57%.

Make sure to Follow and Like for more content

If you have any questions please ask

Thank you for reading.