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 2024-09-30 View latest technical analysis

10 day averaged volume of Nelcast is 339504

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	136.98	141.80	141.80	136.50	0.201 times
27 Fri Sep 2024	140.12	138.30	143.04	138.26	0.395 times
26 Thu Sep 2024	137.91	138.30	144.50	137.15	0.633 times
25 Wed Sep 2024	138.43	139.76	140.45	136.50	0.302 times
24 Tue Sep 2024	139.76	142.35	143.08	138.87	0.42 times
23 Mon Sep 2024	141.66	145.40	148.80	141.10	1.657 times
20 Fri Sep 2024	144.17	132.85	145.00	131.81	2.246 times
19 Thu Sep 2024	131.84	136.99	136.99	130.65	0.329 times
18 Wed Sep 2024	135.52	131.80	137.59	129.90	1.941 times
17 Tue Sep 2024	131.09	132.70	134.21	130.60	0.574 times

My analysis of stock is bearish for shortterm, and stock might move down till 134.6 or till 130.3. Use a stoploss of 138.16 and if the stock hits stoploss, then it can shoot up till 141.74

Share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Target	116.50
Downside Target	129.90
Downside Target	135.30
Upside Target	145.00
Upside Target	148.48
Upside Target	148.80
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	135.05
Downside Intraday Target	133.13
Upside Intraday Target	140.35
Upside Intraday Target	143.73
Upside Intraday Target	138.43

Weekly technical analysis of Nelcast (NELCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	136.98	141.80	141.80	136.50	0.059 times
27 Fri Sep 2024	140.12	145.40	148.80	136.50	0.517 times
20 Fri Sep 2024	144.17	136.20	145.00	129.90	2.615 times
13 Fri Sep 2024	134.39	140.20	148.48	131.80	2.64 times
06 Fri Sep 2024	140.41	146.50	153.15	139.41	0.58 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
30 Mon Sep 2024	136.98	146.50	153.15	129.90	2.746 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, and volume has increased substantially. This means that the move can 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 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.

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 BUY. Signal strength is Strong and stock is losing 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. 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 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 139.21 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.