NESTLEIND - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 2.4

🧯 Intraday Trading Analysis for NESTLEIND

NESTLEIND is currently not an ideal candidate for intraday trading, given its weak technical indicators, declining earnings, and lack of short-term momentum. While its long-term fundamentals are stellar, the intraday setup is bearish.

❌ Bearish Indicators

Technical Weakness

RSI (27.9): Deeply oversold — signals weakness, not reversal yet.

MACD (-29.8): Strong negative crossover — downward momentum.

Price < 50-DMA (₹2,381) & 200-DMA (₹2,355): Bearish trend.

Volume (9.24 Lakh) < Avg Vol (13.5 Lakh): Weak participation.

Qtr Profit Decline: ₹647 Cr vs ₹873 Cr — -13.4% drop.

52w Index (17.0%): Near yearly lows — no breakout potential.

High P/E (72.1) vs Industry PE (59.1): Expensive valuation without growth support.

✅ Fundamental Strength (Long-Term Only)

ROCE (96.3%) & ROE (83.5%): Exceptional efficiency.

Debt-to-Equity (0.29): Low leverage.

FII Holding ↑ (+0.26%): Mild foreign interest.

🔹 Intraday Strategy

📌 If Entering Fresh Today

Avoid unless reversal signs emerge.

If attempting a speculative bounce

Optimal Buy Price: ₹2,215–₹2,220 (on dip near support)

Profit-Taking Levels

Target 1: ₹2,245 (minor resistance)

Target 2: ₹2,265 (if volume spikes midday)

Stop-Loss: ₹2,200 (tight risk control)

📌 If Already Holding Today

Exit Signals

RSI fails to rise above 30 by mid-session

MACD continues widening negatively

Price fails to reclaim ₹2,230–₹2,240 zone

Volume remains weak with no upward price action

🧠 Final Thoughts

NESTLEIND is not suitable for intraday trading today unless you're playing a speculative reversal with tight stops. The technicals are weak, and momentum is lacking. Better to wait for confirmation or shift focus to stronger setups.

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