NESTLEIND

Fundamental Analysis:

is a leading FMCG company with strong brands across food and beverage segments. In the latest quarter, revenue grew by 18.56% while profit increased by 46%, indicating strong demand and margin expansion. Promoter holding remained stable, while DII holding increased by 0.35%, reflecting steady institutional confidence. Technical Analysis (Based on Chart): The stock is currently trading in a broad sideways range after a volatile phase, with multiple rejections near ₹1,300–1,320 acting as strong resistance. It has recently corrected toward the ₹1,180–1,200 support zone, where buying interest is emerging. The overall structure indicates range-bound movement with no clear trend. RSI is around 45, suggesting neutral to slightly weak momentum, while ADX remains moderate. A bounce from current levels can lead to a move toward ₹1,280–1,320, while ₹1,150 acts as key support.