Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-25 View latest technical analysis

10 day averaged volume of Nelco is 123578

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	970.60	953.00	1015.00	953.00	1.743 times
22 Fri Nov 2024	960.55	937.05	965.00	922.55	1.043 times
21 Thu Nov 2024	937.75	899.90	948.65	888.85	2.089 times
19 Tue Nov 2024	898.65	887.30	919.00	887.30	0.451 times
18 Mon Nov 2024	884.80	890.10	900.95	864.80	0.569 times
14 Thu Nov 2024	886.35	891.95	919.85	871.60	1.368 times
13 Wed Nov 2024	875.45	914.00	919.00	870.55	0.658 times
12 Tue Nov 2024	914.70	950.00	964.30	910.00	0.585 times
11 Mon Nov 2024	943.45	955.00	972.90	936.05	0.665 times
08 Fri Nov 2024	961.10	988.20	1020.00	956.00	1.467 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 960.4, but if it comes below 960.4, then a intra day sell could be more profitable.
If you take a sell trade below 960.4, then use 960.4 as stoploss and 920.7 as target. However if you take a buy trade in stock , then use 960.4 as stoploss and 1008 as target.

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	760.50
Downside Target	799.25
Downside Target	840.00
Downside Target	864.80
Downside Target	945.75
Upside Target	1012.35
Upside Target	1015.00
Upside Target	1045.00
Upside Target	1070.00
Upside Target	1320.00
Upside Target	1335.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	944.07
Downside Intraday Target	917.53
Upside Intraday Target	1006.07
Upside Intraday Target	1041.53
Upside Intraday Target	979.53

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	970.60	953.00	1015.00	953.00	0.42 times
22 Fri Nov 2024	960.55	890.10	965.00	864.80	1.267 times
14 Thu Nov 2024	886.35	955.00	972.90	870.55	0.649 times
08 Fri Nov 2024	961.10	927.25	1045.00	881.00	2.706 times
01 Fri Nov 2024	927.25	866.80	945.75	840.00	0.324 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
25 Mon Nov 2024	970.60	926.25	1045.00	864.80	0.808 times
31 Thu Oct 2024	917.65	1028.00	1070.00	840.00	0.679 times
30 Mon Sep 2024	1027.95	1232.45	1335.00	1012.35	0.283 times
30 Fri Aug 2024	1222.45	882.95	1320.00	799.25	1.152 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 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 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 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 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 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.

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 red color and prices are in or above the red 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 but buying is losing 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 932.72 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 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.