Nestle India Outlook for the Week (August 21, 2023 - August 25, 2023)

Nestle India closed the previous week on a negative note losing 3.07%.

Technically, Nestle India share price will see immediate support at 21,476.67 and immediate resistance would be seen at 22,156.67.

If Nestle India share price closes below immediate support of 21,476.67, then sharp breakdown can be seen. Nestle India share price will see major support at 21,123.33 for the week.

On the positive side, immediate resistance will be seen at 22,156.67. Closing above 22,156.67, Nestle India share price will see a sharp breakout. Major resistance for Nestle India share price will be seen at 22,483.33 for the week.

Trading range for Nestle India share price for this week should be between 20,796.67 on down side and 22,836.67 on up side.

Nestle India Previous Week High: 22130

Nestle India Previous Week Low: 21450

Nestle India Previous Week Range: 680 Points

Nestle India share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type	Value
Resistance 3	22,836.67
Resistance 2	22,483.33
Resistance 1	22,156.67
Support 1	21,476.67
Support 2	21,123.33
Support 3	20,796.67

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Nestle India Outlook for the Week (August 21, 2023 – August 25, 2023)

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