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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 2024-11-25 View latest technical analysis

10 day averaged volume of Nelcast is 93447

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	111.01	112.25	114.45	110.50	0.73 times
22 Fri Nov 2024	110.81	113.05	114.90	110.19	0.718 times
21 Thu Nov 2024	112.59	110.98	114.00	110.00	0.524 times
19 Tue Nov 2024	111.70	108.60	115.00	108.37	1.304 times
18 Mon Nov 2024	108.37	111.00	111.00	105.93	0.844 times
14 Thu Nov 2024	108.97	107.03	111.78	106.66	0.972 times
13 Wed Nov 2024	107.03	112.00	114.81	105.21	1.36 times
12 Tue Nov 2024	112.31	114.80	117.63	111.95	0.445 times
11 Mon Nov 2024	113.38	120.00	120.00	112.21	1.312 times
08 Fri Nov 2024	119.94	121.05	124.04	118.80	1.186 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 109.9 as stoploss in an intra day buy trade for a target of 115.46. However, stock will show a bearish move below 109.9.

Share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Target	105.21
Downside Target	110.50
Upside Target	114.45
Upside Target	118.05
Upside Target	128.77
Upside Target	129.90
Upside Target	135.30
Upside Target	138.91
Upside Target	139.34
Upside Target	153.15
Upside Target	154.00
Upside Target	158.00

Intraday share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Intraday Target	109.52
Downside Intraday Target	108.04
Upside Intraday Target	113.47
Upside Intraday Target	115.94
Upside Intraday Target	111.99

Weekly technical analysis of Nelcast (NELCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	111.01	112.25	114.45	110.50	0.215 times
22 Fri Nov 2024	110.81	111.00	115.00	105.93	0.829 times
14 Thu Nov 2024	108.97	120.00	120.00	105.21	1.028 times
08 Fri Nov 2024	119.94	121.00	128.77	118.05	1.874 times
01 Fri Nov 2024	120.31	109.35	120.98	108.26	0.612 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
25 Mon Nov 2024	111.01	119.74	128.77	105.21	0.705 times
31 Thu Oct 2024	118.62	137.30	139.34	106.22	0.355 times
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

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 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 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 SELL. 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.

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 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 SELL signal in short term and selling is picking up 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 111.67 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.