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(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.

10 day averaged volume of Nelcast is 59435

Date	Daily Closing Price	Open	High	Low	Volume
14 Fri Feb 2025	105.79	109.57	109.57	104.90	0.574 times
13 Thu Feb 2025	110.04	107.87	111.27	107.01	0.651 times
12 Wed Feb 2025	108.18	111.45	111.45	102.43	1.501 times
11 Tue Feb 2025	110.00	107.50	111.60	107.50	1.09 times
10 Mon Feb 2025	110.06	109.00	111.00	107.31	1.005 times
07 Fri Feb 2025	108.68	110.05	111.65	107.71	0.997 times
06 Thu Feb 2025	110.19	110.55	112.05	109.04	0.707 times
05 Wed Feb 2025	110.83	104.20	111.85	104.20	1.486 times
04 Tue Feb 2025	104.28	105.35	107.73	103.97	0.351 times
03 Mon Feb 2025	105.14	105.00	108.00	104.11	0.58 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 105.8, but if it comes above 105.8, then a intra day buy could be more profitable.
If you take a sell trade below 105.8, then use 105.8 as stoploss and 102.3 as target. However if you take a buy trade in stock , then use 105.8 as stoploss and 108.76 as target.

Share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Target	96.77
Downside Target	102.43
Upside Target	111.60
Upside Target	113.00
Upside Target	114.89
Upside Target	115.00
Upside Target	115.72
Upside Target	128.77
Upside Target	129.30
Upside Target	134.00
Upside Target	139.34

Intraday share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Intraday Target	101.61
Downside Intraday Target	97.44
Upside Intraday Target	110.78
Upside Intraday Target	115.78
Upside Intraday Target	106.61

Weekly technical analysis of Nelcast (NELCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Fri Feb 2025	105.79	109.00	111.60	102.43	1.17 times
07 Fri Feb 2025	108.68	105.00	112.05	103.97	0.505 times
31 Fri Jan 2025	106.40	106.80	115.00	96.77	2.958 times
24 Fri Jan 2025	107.60	112.60	114.89	106.00	0.915 times
17 Fri Jan 2025	112.55	111.46	113.00	106.05	0.862 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
14 Fri Feb 2025	105.79	105.00	112.05	102.43	0.47 times
31 Fri Jan 2025	106.40	124.00	129.30	96.77	0.962 times
31 Tue Dec 2024	123.67	117.22	134.00	115.72	0.79 times
29 Fri Nov 2024	117.22	119.74	128.77	105.21	0.904 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 neutral. A longer time frame might give a better analysis.

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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY signal for Nelcast in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 108.9 and Nelcast (NELCAST) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.