Nestle India500790Fmcg, packaged foods
Technical analyst Sachit Nandar gave trading levels for Nestle stock, suggesting it is in a correction that could offer a buying opportunity
By ScoutQuest · · 1 min read
- Termination zone of correction
- 1245 to 1260
- Ideal accumulation level
- 1240
- Base level
- 1200
- Stop loss level
- 1206
Heard on business television between 12:31:31 - 12:34:31 IST.
- Sachit Nandar of Tradebulls said the weekly and monthly structure for Nestle shows a classic flat wave correction in progress.
- He indicated a termination zone close to 12:45-12:60 levels, with potential slippage towards 1240 seen as an ideal level to commit long positions.
- He suggested 1200 looks like a decent base going forward, with a stop loss at 1206 to accumulate the decline.
- He expects the stock to resume its uptrend soon after this correction.
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Also from Nestle India
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Source: Live TV News Channel · 15 Oct 2026
The call above is Sachit Nandar, Tradebulls's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.