Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(NELCAST) Nelcast complete technical analysis [charts+indicators] | Buy/Sell Nelcast | (NELCAST) share price targets

Complete technical analysis of Nelcast (NELCAST) by charts plus indicators, forecast predictions and share price targets for Nelcast (NELCAST)

Nelcast trades in NSE in Other Industrial Products sector.

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Nelcast is 113941

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	152.85	156.50	157.50	151.80	0.91 times
27 Tue Feb 2024	157.65	158.80	161.30	156.00	0.753 times
26 Mon Feb 2024	159.95	159.30	162.90	158.80	0.817 times
23 Fri Feb 2024	158.40	159.00	162.95	158.00	0.562 times
22 Thu Feb 2024	159.20	163.00	164.70	158.00	0.493 times
21 Wed Feb 2024	161.85	162.00	165.80	160.70	1.558 times
20 Tue Feb 2024	163.65	155.25	164.80	155.25	2.948 times
19 Mon Feb 2024	155.25	154.55	157.00	153.00	0.62 times
16 Fri Feb 2024	154.50	156.25	157.25	153.30	0.787 times
15 Thu Feb 2024	155.10	154.40	156.10	153.10	0.543 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 154.7, but if it comes above 154.7, then a intra day buy could be more profitable.
If you take a sell trade below 154.7, then use 154.7 as stoploss and 151.4 as target. However if you take a buy trade in stock , then use 154.7 as stoploss and 157.45 as target.

Share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Target	148.00
Downside Target	151.10
Upside Target	160.40
Upside Target	164.00
Upside Target	165.80
Upside Target	172.65
Upside Target	174.20
Upside Target	175.60
Upside Target	179.30
Upside Target	194.30

Intraday share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Intraday Target	148.8
Downside Intraday Target	144.75
Upside Intraday Target	159.9
Upside Intraday Target	166.95
Upside Intraday Target	155.85

Weekly technical analysis of Nelcast (NELCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	152.85	159.30	162.90	151.80	0.401 times
23 Fri Feb 2024	158.40	154.55	165.80	153.00	1.429 times
16 Fri Feb 2024	154.50	159.20	160.40	148.00	0.665 times
09 Fri Feb 2024	159.20	161.00	164.00	156.35	0.578 times
02 Fri Feb 2024	157.65	170.90	172.65	155.40	1.212 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Nelcast (NELCAST)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	152.85	163.90	165.80	148.00	0.563 times
31 Wed Jan 2024	161.40	157.50	175.60	156.00	1.356 times
29 Fri Dec 2023	157.90	172.90	179.30	151.10	0.229 times
30 Thu Nov 2023	171.95	163.80	194.30	162.05	2.221 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nelcast (NELCAST)

Price action analysis of Nelcast ( (NELCAST) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nelcast ( (NELCAST) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nelcast ( (NELCAST) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nelcast ( (NELCAST) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Nelcast stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nelcast in short term and the sell signal is strong.

Nelcast Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nelcast in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nelcast is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 159.41 and Nelcast (NELCAST) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nelcast (NELCAST) stock. Volume based technical analysis of Nelcast (NELCAST) stock is negative.

Nelcast Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.