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 2024-11-27 View latest technical analysis

10 day averaged volume of Nelco is 136293

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	1015.75	990.40	1022.95	982.25	0.946 times
26 Tue Nov 2024	987.65	981.25	1025.00	980.00	1.684 times
25 Mon Nov 2024	970.60	953.00	1015.00	953.00	1.581 times
22 Fri Nov 2024	960.55	937.05	965.00	922.55	0.945 times
21 Thu Nov 2024	937.75	899.90	948.65	888.85	1.894 times
19 Tue Nov 2024	898.65	887.30	919.00	887.30	0.409 times
18 Mon Nov 2024	884.80	890.10	900.95	864.80	0.516 times
14 Thu Nov 2024	886.35	891.95	919.85	871.60	1.24 times
13 Wed Nov 2024	875.45	914.00	919.00	870.55	0.597 times
12 Tue Nov 2024	914.70	950.00	964.30	910.00	0.53 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 1027.5, for a target of 976.4 or 933.89

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
Downside Target	1012.35
Upside Target	1025.00
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	970.83
Downside Intraday Target	925.92
Upside Intraday Target	1042.83
Upside Intraday Target	1069.92
Downside Intraday Target	997.92

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	1015.75	953.00	1025.00	953.00	1.118 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
27 Wed Nov 2024	1015.75	926.25	1045.00	864.80	0.971 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 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 losing 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 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 944.98 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.