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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 2024-12-05 View latest technical analysis

10 day averaged volume of Nelco is 465830

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	1239.25	1300.00	1306.65	1221.00	0.68 times
04 Wed Dec 2024	1306.70	1216.55	1349.00	1204.05	1.859 times
03 Tue Dec 2024	1219.55	1225.00	1249.00	1202.15	1.319 times
02 Mon Dec 2024	1234.90	1053.00	1249.00	1053.00	4.209 times
29 Fri Nov 2024	1040.85	1013.05	1057.95	1001.55	0.351 times
28 Thu Nov 2024	1013.05	1019.45	1039.95	1008.65	0.199 times
27 Wed Nov 2024	1015.75	990.40	1022.95	982.25	0.277 times
26 Tue Nov 2024	987.65	981.25	1025.00	980.00	0.493 times
25 Mon Nov 2024	970.60	953.00	1015.00	953.00	0.462 times
22 Fri Nov 2024	960.55	937.05	965.00	922.55	0.277 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 1294, for a target of 1141.4 or 1014.25

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	1320.00
Upside Target	1335.00
Upside Target	1349.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	1078.5
Downside Intraday Target	917.75
Upside Intraday Target	1374.5
Upside Intraday Target	1509.75
Downside Intraday Target	1213.75

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	1239.25	1053.00	1349.00	1053.00	4.528 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
05 Thu Dec 2024	1239.25	1053.00	1349.00	1053.00	1.571 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, 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 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 losing 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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Nelco in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1197.7 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.