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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 2024-09-10 View latest technical analysis

10 day averaged volume of Nelcast is 88010

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	140.59	139.22	148.48	139.10	4.062 times
09 Mon Sep 2024	137.70	140.20	140.39	136.41	0.619 times
06 Fri Sep 2024	140.41	141.99	143.00	139.41	0.851 times
05 Thu Sep 2024	141.42	142.35	144.15	140.50	0.733 times
04 Wed Sep 2024	141.69	140.95	143.47	140.65	0.4 times
03 Tue Sep 2024	141.90	145.30	145.93	141.43	0.939 times
02 Mon Sep 2024	144.54	146.50	153.15	143.70	0.761 times
30 Fri Aug 2024	145.75	147.60	149.11	144.42	0.922 times
29 Thu Aug 2024	146.84	149.50	150.43	145.64	0.553 times
28 Wed Aug 2024	150.51	152.47	154.00	148.60	1.5 times

Stock of Nelcast (NELCAST) has showed a significant upmove. This could be a good time to enter in this stock!

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 140.3 as stoploss in an intra day buy trade for a target of 143.54. However, stock will show a bearish move below 140.3.

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	148.48
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	135.17
Downside Intraday Target	129.76
Upside Intraday Target	147.24
Upside Intraday Target	153.9
Upside Intraday Target	141.83

Weekly technical analysis of Nelcast (NELCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	140.59	140.20	148.48	136.41	1.27 times
06 Fri Sep 2024	140.41	146.50	153.15	139.41	0.58 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

Price has moved up 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
10 Tue Sep 2024	140.59	146.50	153.15	136.41	0.435 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Nelcast ( (NELCAST) ) based on a short to mid 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 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 BUY. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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

Although the stock is in the BUY zone, but buying 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 142.92 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.