"Nestlé at ₹1050–₹1070: Strong Support Meets Premium Valuation.

1. Technical Overview
Nestlé India is approaching a strong ₹1050–₹1070 demand zone, aligned with the Monthly 20 EMA.

This is also Breakout level acted as strong support multiple times around 7 times in the past.

Price is coming down from an overvalued zone and is now near fair value, making it more attractive for long-term entry.

2. Latest Fundamental Triggers
Q1 FY26 Revenue ₹5,096 crore, up ~6% YoY – growth driven by urban demand
Q1 FY26 Profit ₹647 crore, down ~13% YoY – due to higher cocoa, coffee, and operating costs
Bonus Issue 1:1 bonus shares announced – improves liquidity & attracts more investors
Book Value per Share Increased from ₹34.65 to ₹41.59 – stronger intrinsic value
ROE Fell from ~118% to ~80% – still strong for FMCG sector

3. Investment Strategy
Approach: accumulation Near ₹1050–₹1070.
First Target 1235
Second Target 1350
Horizon: 3 Year + for margin recovery, structural growth, and market re-rating.

Risk Control: Consider partial exit or stop-loss if price closes below this zone on the monthly chart.