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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.

Showing technical analysis as on 2024-08-29 View latest technical analysis

10 day averaged volume of Nelcast is 79344

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	146.84	149.50	150.43	145.64	0.614 times
28 Wed Aug 2024	150.51	152.47	154.00	148.60	1.664 times
27 Tue Aug 2024	151.27	145.30	152.00	144.10	3.018 times
26 Mon Aug 2024	144.56	144.71	146.55	144.01	0.732 times
23 Fri Aug 2024	144.70	144.99	145.80	143.95	0.512 times
22 Thu Aug 2024	144.46	144.20	147.00	144.00	0.807 times
21 Wed Aug 2024	143.31	145.98	149.00	142.51	0.669 times
20 Tue Aug 2024	142.55	143.70	145.99	141.91	0.616 times
19 Mon Aug 2024	145.12	140.40	145.77	140.40	0.512 times
16 Fri Aug 2024	142.27	139.80	143.00	139.80	0.53 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 147.6 as stoploss in an intra day sell trade for a target of 144.17. However, stock will show a bullish move above 147.6.

Share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Target	116.50
Downside Target	130.45
Downside Target	135.30
Downside Target	144.01
Upside Target	149.00
Upside Target	152.94
Upside Target	154.00
Upside Target	157.80
Upside Target	158.00
Upside Target	163.70
Upside Target	166.00

Intraday share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Intraday Target	142.57
Downside Intraday Target	138.29
Upside Intraday Target	152.56
Upside Intraday Target	158.27
Upside Intraday Target	148.28

Weekly technical analysis of Nelcast (NELCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	146.84	144.71	154.00	144.01	1.935 times
23 Fri Aug 2024	144.70	140.40	149.00	140.40	1.198 times
16 Fri Aug 2024	142.27	145.00	145.50	137.92	0.415 times
09 Fri Aug 2024	145.61	140.99	150.60	135.30	1.112 times
02 Fri Aug 2024	144.70	150.12	152.94	144.02	0.518 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nelcast (NELCAST)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	146.84	149.50	154.00	135.30	0.624 times
31 Wed Jul 2024	147.72	150.40	158.00	138.91	0.75 times
28 Fri Jun 2024	149.61	138.85	163.70	116.50	1.048 times
31 Fri May 2024	134.45	149.55	166.00	131.15	1.236 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nelcast ( (NELCAST) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nelcast ( (NELCAST) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a BUY signal for Nelcast in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nelcast Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Nelcast in short term but SELL signal is weak.

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 147.51 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 is giving positive 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.