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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 2024-08-12 View latest technical analysis

10 day averaged volume of Nelco is 196009

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	900.90	848.05	910.10	843.00	1.659 times
09 Fri Aug 2024	857.95	840.65	883.20	840.65	1.102 times
08 Thu Aug 2024	836.85	854.90	861.00	833.00	0.379 times
07 Wed Aug 2024	852.65	814.40	859.45	808.05	0.997 times
06 Tue Aug 2024	804.75	823.60	840.45	801.15	0.585 times
05 Mon Aug 2024	814.45	858.00	864.65	799.25	0.901 times
02 Fri Aug 2024	872.70	881.00	899.90	869.10	0.926 times
01 Thu Aug 2024	888.95	882.95	902.95	876.90	0.961 times
31 Wed Jul 2024	879.25	882.40	893.45	873.00	0.646 times
30 Tue Jul 2024	881.20	856.70	909.30	854.00	2.392 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 913.1, for a target of 871.9 or 837.51

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	642.55
Downside Target	695.00
Downside Target	760.50
Downside Target	778.00
Downside Target	799.25
Downside Target	825.00
Downside Target	848.65
Downside Target	857.95
Downside Target	883.20
Upside Target	909.30
Upside Target	910.10
Upside Target	957.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	859.23
Downside Intraday Target	817.57
Upside Intraday Target	926.33
Upside Intraday Target	951.77
Downside Intraday Target	884.67

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	900.90	848.05	910.10	843.00	0.419 times
09 Fri Aug 2024	857.95	858.00	883.20	799.25	0.657 times
02 Fri Aug 2024	872.70	840.00	909.30	830.00	1.816 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

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
12 Mon Aug 2024	900.90	882.95	910.10	799.25	0.148 times
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

Scroll below to view daily charts

Price has moved up 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 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 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 Nelco ( (NELCO) ) 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 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 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 green color and prices are above the green cloud Prices appear to be moving up

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 positive zone. This is a BUY zone

Stock of Nelco is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 867.48 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.