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 2024-12-17 View latest technical analysis

10 day averaged volume of Nelco is 446560

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	1438.75	1436.30	1465.55	1407.90	0.327 times
16 Mon Dec 2024	1430.65	1445.90	1502.75	1420.10	0.612 times
13 Fri Dec 2024	1436.55	1455.00	1472.40	1411.10	0.755 times
12 Thu Dec 2024	1463.90	1387.00	1495.00	1360.00	1.707 times
11 Wed Dec 2024	1378.85	1359.80	1398.80	1332.00	0.526 times
10 Tue Dec 2024	1359.75	1339.40	1390.00	1318.90	0.894 times
09 Mon Dec 2024	1331.55	1280.30	1364.95	1274.70	1.041 times
06 Fri Dec 2024	1270.15	1250.85	1281.40	1228.55	0.439 times
05 Thu Dec 2024	1239.25	1300.00	1306.65	1221.00	0.709 times
04 Wed Dec 2024	1306.70	1216.55	1349.00	1204.05	1.939 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1389, but if it comes below 1389, then a intra day sell could be more profitable.
If you take a sell trade below 1389, then use 1389 as stoploss and 1196.77 as target. However if you take a buy trade in stock , then use 1389 as stoploss and 1619.6 as target.

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	1053.00
Downside Target	1274.70
Downside Target	1320.00
Downside Target	1335.00
Downside Target	1349.00
Downside Target	1407.90
Upside Target	1495.00
Upside Target	1502.75

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	1396.85
Downside Intraday Target	1354.95
Upside Intraday Target	1491.7
Upside Intraday Target	1544.65
Upside Intraday Target	1449.8

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	1438.75	1445.90	1502.75	1407.90	0.191 times
13 Fri Dec 2024	1436.55	1280.30	1495.00	1274.70	0.556 times
06 Fri Dec 2024	1270.15	1053.00	1349.00	1053.00	4.764 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

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
17 Tue Dec 2024	1438.75	1053.00	1502.75	1053.00	2.747 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 moving up

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 1366.23 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.