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(NELCO) Nelco complete technical analysis [charts+indicators] | Buy/Sell Nelco | (NELCO) share price targets

Complete technical analysis of Nelco (NELCO) by charts plus indicators, forecast predictions and share price targets for Nelco (NELCO)

Nelco trades in NSE in IT Networking Equipment sector.

Showing technical analysis as on 2024-07-31 View latest technical analysis

10 day averaged volume of Nelco is 170879

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	879.25	882.40	893.45	873.00	0.741 times
30 Tue Jul 2024	881.20	856.70	909.30	854.00	2.744 times
29 Mon Jul 2024	857.55	840.00	868.40	830.00	1.275 times
26 Fri Jul 2024	833.45	824.95	839.00	811.40	0.727 times
25 Thu Jul 2024	819.60	806.00	835.00	799.55	0.815 times
24 Wed Jul 2024	809.30	791.00	822.00	790.00	0.762 times
23 Tue Jul 2024	786.75	800.00	804.20	760.50	0.729 times
22 Mon Jul 2024	792.90	773.00	813.20	764.55	0.78 times
19 Fri Jul 2024	785.15	805.00	811.70	780.20	0.686 times
18 Thu Jul 2024	807.40	831.00	831.70	800.80	0.942 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 890.7 as stoploss in an intra day sell trade for a target of 847.63. However, stock will show a bullish move above 890.7.

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	642.55
Downside Target	676.40
Downside Target	695.00
Downside Target	760.50
Downside Target	823.55
Downside Target	839.00
Downside Target	848.65
Downside Target	857.95
Upside Target	909.30
Upside Target	937.50
Upside Target	957.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	836.4
Downside Intraday Target	793.55
Upside Intraday Target	915.7
Upside Intraday Target	952.15
Downside Intraday Target	872.85

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	879.25	840.00	909.30	830.00	1.249 times
26 Fri Jul 2024	833.45	773.00	839.00	760.50	1.213 times
19 Fri Jul 2024	785.15	845.05	857.95	780.20	0.239 times
12 Fri Jul 2024	844.25	913.50	937.50	823.55	0.394 times
05 Fri Jul 2024	905.30	770.30	957.00	763.00	17.443 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 Nelco (NELCO)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	879.25	770.30	957.00	760.50	3.328 times
28 Fri Jun 2024	770.30	745.00	825.00	642.55	1.568 times
31 Fri May 2024	718.45	764.00	778.00	698.30	0.542 times
30 Tue Apr 2024	756.25	712.00	848.65	695.00	1.168 times

Scroll below to view daily charts

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

Indicators analysis of Nelco (NELCO)

Price action analysis of Nelco ( (NELCO) ) 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 Nelco ( (NELCO) ) 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 Nelco ( (NELCO) ) 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 Nelco stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nelco 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.

Nelco Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Nelco in short term and BUY signal is strong.

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 Nelco is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 837.64 and Nelco (NELCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Nelco (NELCO) stock. Volume based technical analysis of Nelco (NELCO) stock is negative.

Nelco 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.