Signals, Powered By EquityPandit
Nestle India closed the previous week on a negative note losing 4.12%.
Technically, Nestle India share price will see immediate support at 24,226.93 and immediate resistance would be seen at 25,263.98.
If Nestle India share price closes below immediate support of 24,226.93, then sharp breakdown can be seen. Nestle India share price will see major support at 23,664.27 for the week.
On the positive side, immediate resistance will be seen at 25,263.98. Closing above 25,263.98, Nestle India share price will see a sharp breakout. Major resistance for Nestle India share price will be seen at 25,738.37 for the week.
Trading range for Nestle India share price for this week should be between 23,189.88 on down side and 26,301.03 on up side.
Nestle India Previous Week High: 25175.7
Nestle India Previous Week Low: 24138.65
Nestle India Previous Week Range: 1037.05 Points
Nestle India share price support and resistance for the week (December 11, 2023 – December 15, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 26,301.03 |
| Resistance 2 | 25,738.37 |
| Resistance 1 | 25,263.98 |
| Support 1 | 24,226.93 |
| Support 2 | 23,664.27 |
| Support 3 | 23,189.88 |
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