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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 988677

Date Daily Closing Price Open High Low Volume
22 Fri Jan 2021 71.95 69.30 72.40 69.00 0.197 times
21 Thu Jan 2021 69.30 71.40 71.50 69.00 0.11 times
20 Wed Jan 2021 70.80 72.95 73.10 70.30 0.139 times
19 Tue Jan 2021 72.95 70.10 73.60 69.85 0.165 times
18 Mon Jan 2021 69.10 72.15 73.15 68.10 0.182 times
15 Fri Jan 2021 71.70 74.75 74.75 70.70 0.301 times
14 Thu Jan 2021 75.35 77.00 78.40 74.25 0.485 times
13 Wed Jan 2021 79.95 70.70 81.50 69.10 6.372 times
12 Tue Jan 2021 70.10 64.90 71.30 63.80 1.182 times
11 Mon Jan 2021 65.95 63.95 68.85 61.75 0.912 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 72.4 as stoploss in an intra day sell trade for a target of 67.21. However, stock will show a bullish move above 72.4.

Share price targets for Nelcast (NELCAST)

Target Type Value
Downside Target 49.55
Downside Target 52.05
Downside Target 53.10
Downside Target 55.75
Downside Target 60.60
Downside Target 63.85
Downside Target 65.40
Downside Target 65.80
Downside Target 66.90
Downside Target 68.10
Upside Target 73.60
Upside Target 81.50

Intraday share price targets for Nelcast (NELCAST)

Target Type Value
Downside Intraday Target 68.83
Downside Intraday Target 65.72
Upside Intraday Target 74.33
Upside Intraday Target 76.72
Downside Intraday Target 71.22

Weekly technical analysis of Nelcast (NELCAST)

Date Weekly Closing Price Open High Low Volume
22 Fri Jan 2021 71.95 72.15 73.60 68.10 0.086 times
15 Fri Jan 2021 71.70 63.95 81.50 61.75 9.693 times
08 Fri Jan 2021 63.40 63.25 65.80 61.60 2.248 times
01 Fri Jan 2021 62.05 61.35 64.00 60.60 0.295 times
24 Thu Dec 2020 61.35 62.65 65.40 52.05 0.788 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
22 Fri Jan 2021 71.95 63.65 81.50 61.45 2.2 times
31 Thu Dec 2020 62.85 61.70 66.90 52.05 1.978 times
27 Fri Nov 2020 61.70 59.50 64.15 55.75 0.755 times
30 Fri Oct 2020 56.85 60.00 62.50 53.10 0.694 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Nelcast (NELCAST)

Indicator Name Indicator Value Indicator Signal
ADX 25, 15, 26 Buy
MACD 5, 5Buy
Stochastics 45None
CCI -8Buy
RSI 58Buy
OBV 7957426Sell
VWAP 76Sell
ADL 0Sell
ROC 13Buy
Force Index 0Sell

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 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 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 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.

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

MACD generated a BUY signal for Nelcast in short term and the buy signal is strong.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 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 76.34 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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