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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.

10 day averaged volume of Nelcast is 148831

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 128.50 133.15 134.80 127.00 1.28 times
27 Wed Mar 2024 133.10 130.05 135.20 130.05 1.138 times
26 Tue Mar 2024 130.05 130.60 134.20 128.50 1.222 times
22 Fri Mar 2024 131.65 131.40 133.00 130.50 0.681 times
21 Thu Mar 2024 130.75 126.95 131.65 126.95 0.756 times
20 Wed Mar 2024 125.85 128.10 131.70 125.00 0.616 times
19 Tue Mar 2024 128.90 131.45 132.30 128.00 0.701 times
18 Mon Mar 2024 131.40 131.00 132.45 128.75 0.953 times
15 Fri Mar 2024 130.55 128.00 131.95 127.60 0.867 times
14 Thu Mar 2024 127.85 123.05 131.10 121.65 1.266 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 126.6 as stoploss in an intra day buy trade for a target of 137.17. However, stock will show a bearish move below 126.6.

Share price targets for Nelcast (NELCAST)

Target Type Value
Downside Target 121.65
Downside Target 125.00
Upside Target 133.00
Upside Target 140.40
Upside Target 143.50
Upside Target 148.00
Upside Target 156.00
Upside Target 162.05
Upside Target 162.90
Upside Target 165.80
Upside Target 175.60
Upside Target 179.30
Upside Target 194.30

Intraday share price targets for Nelcast (NELCAST)

Target Type Value
Downside Intraday Target 125.27
Downside Intraday Target 122.03
Upside Intraday Target 133.47
Upside Intraday Target 138.43
Upside Intraday Target 130.23

Weekly technical analysis of Nelcast (NELCAST)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 128.50 130.60 135.20 127.00 0.982 times
22 Fri Mar 2024 131.65 131.00 133.00 125.00 0.626 times
15 Fri Mar 2024 130.55 142.00 143.50 121.65 0.924 times
07 Thu Mar 2024 143.05 158.30 158.80 140.40 1.905 times
02 Sat Mar 2024 158.30 159.30 162.90 148.60 0.711 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
28 Thu Mar 2024 128.50 152.35 160.30 121.65 1.117 times
29 Thu Feb 2024 151.60 163.90 165.80 148.00 0.579 times
31 Wed Jan 2024 161.40 157.50 175.60 156.00 1.356 times
29 Fri Dec 2023 157.90 172.90 179.30 151.10 0.229 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Nelcast in short term but the buy signal is initial and weak.

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

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. Bulls 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 SELL signal in short term and selling is picking up 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 129.91 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.

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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Nelcast in short term but the buy signal is initial and weak.

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

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. Bulls 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 SELL signal in short term and selling is picking up 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 129.91 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.

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Daily charts

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Daily chart
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