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 2024-09-04 View latest technical analysis

10 day averaged volume of Nelcast is 86674

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	141.69	140.95	143.47	140.65	0.407 times
03 Tue Sep 2024	141.90	145.30	145.93	141.43	0.953 times
02 Mon Sep 2024	144.54	146.50	153.15	143.70	0.773 times
30 Fri Aug 2024	145.75	147.60	149.11	144.42	0.936 times
29 Thu Aug 2024	146.84	149.50	150.43	145.64	0.562 times
28 Wed Aug 2024	150.51	152.47	154.00	148.60	1.523 times
27 Tue Aug 2024	151.27	145.30	152.00	144.10	2.763 times
26 Mon Aug 2024	144.56	144.71	146.55	144.01	0.67 times
23 Fri Aug 2024	144.70	144.99	145.80	143.95	0.468 times
22 Thu Aug 2024	144.46	144.20	147.00	144.00	0.739 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 141.6 as stoploss in an intra day buy trade for a target of 144.53. However, stock will show a bearish move below 141.6.

Share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Target	116.50
Downside Target	131.15
Downside Target	135.30
Upside Target	144.01
Upside Target	149.00
Upside Target	153.15
Upside Target	154.00
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	137.18
Downside Intraday Target	132.66
Upside Intraday Target	149.68
Upside Intraday Target	157.66
Upside Intraday Target	145.16

Weekly technical analysis of Nelcast (NELCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	141.69	146.50	153.15	140.65	0.331 times
30 Fri Aug 2024	145.75	144.71	154.00	144.01	2.263 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

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
04 Wed Sep 2024	141.69	146.50	153.15	140.65	0.109 times
30 Fri Aug 2024	145.75	149.50	154.00	135.30	0.655 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

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

Nelcast Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and the buying is gaining 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 147.24 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.