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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 2024-12-03 View latest technical analysis

10 day averaged volume of Nelco is 330370

Date Daily Closing Price Open High Low Volume
03 Tue Dec 2024 1219.55 1225.00 1249.00 1202.15 1.861 times
02 Mon Dec 2024 1234.90 1053.00 1249.00 1053.00 5.935 times
29 Fri Nov 2024 1040.85 1013.05 1057.95 1001.55 0.494 times
28 Thu Nov 2024 1013.05 1019.45 1039.95 1008.65 0.281 times
27 Wed Nov 2024 1015.75 990.40 1022.95 982.25 0.39 times
26 Tue Nov 2024 987.65 981.25 1025.00 980.00 0.695 times
25 Mon Nov 2024 970.60 953.00 1015.00 953.00 0.652 times
22 Fri Nov 2024 960.55 937.05 965.00 922.55 0.39 times
21 Thu Nov 2024 937.75 899.90 948.65 888.85 0.781 times
19 Tue Nov 2024 898.65 887.30 919.00 887.30 0.169 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 1188.3, for a target of 1073.5 or 977.85

Share price targets for Nelco (NELCO)

Target Type Value
Downside Target 799.25
Downside Target 840.00
Downside Target 864.80
Downside Target 953.00
Downside Target 1012.35
Downside Target 1045.00
Downside Target 1057.95
Downside Target 1070.00
Upside Target 1249.00
Upside Target 1320.00
Upside Target 1335.00

Intraday share price targets for Nelco (NELCO)

Target Type Value
Downside Intraday Target 1098.7
Downside Intraday Target 977.85
Upside Intraday Target 1294.7
Upside Intraday Target 1369.85
Downside Intraday Target 1173.85

Weekly technical analysis of Nelco (NELCO)

Date Weekly Closing Price Open High Low Volume
03 Tue Dec 2024 1219.55 1053.00 1249.00 1053.00 3.103 times
29 Fri Nov 2024 1040.85 953.00 1057.95 953.00 1.618 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

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

Monthly technical analysis of Nelco (NELCO)

Date Monthly Closing Price Open High Low Volume
03 Tue Dec 2024 1219.55 1053.00 1249.00 1053.00 1.076 times
29 Fri Nov 2024 1040.85 926.25 1057.95 864.80 1.087 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

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 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 neutral. A longer time frame might give a better analysis.

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 1147.98 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.

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 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 neutral. A longer time frame might give a better analysis.

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 1147.98 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.

Click here for Nelco charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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