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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 2025-01-21 View latest technical analysis

10 day averaged volume of Nelco is 116763

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	1118.00	1186.55	1190.20	1116.00	0.795 times
20 Mon Jan 2025	1186.55	1138.00	1217.85	1116.00	1.303 times
17 Fri Jan 2025	1126.75	1152.00	1152.00	1119.00	0.521 times
16 Thu Jan 2025	1145.45	1176.95	1176.95	1117.80	1.393 times
15 Wed Jan 2025	1168.50	1205.00	1229.90	1126.00	1.573 times
14 Tue Jan 2025	1201.60	1175.15	1222.45	1159.00	0.67 times
13 Mon Jan 2025	1170.15	1222.15	1259.85	1151.15	1.412 times
10 Fri Jan 2025	1237.25	1271.00	1285.40	1226.15	0.886 times
09 Thu Jan 2025	1280.10	1290.00	1310.00	1270.00	0.479 times
08 Wed Jan 2025	1290.65	1330.00	1330.00	1266.20	0.831 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1174, but if it comes above 1174, then a intra day buy could be more profitable.
If you take a sell trade below 1174, then use 1174 as stoploss and 1080.4 as target. However if you take a buy trade in stock , then use 1174 as stoploss and 1252.04 as target.

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	840.00
Downside Target	864.80
Downside Target	1012.35
Downside Target	1053.00
Downside Target	1116.00
Upside Target	1217.85
Upside Target	1259.85
Upside Target	1335.00
Upside Target	1385.00
Upside Target	1391.00
Upside Target	1416.95
Upside Target	1502.75

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	1083.38
Downside Intraday Target	1048.77
Upside Intraday Target	1185.23
Upside Intraday Target	1252.47
Upside Intraday Target	1150.62

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	1118.00	1138.00	1217.85	1116.00	0.377 times
17 Fri Jan 2025	1126.75	1222.15	1259.85	1117.80	1.308 times
10 Fri Jan 2025	1237.25	1385.00	1385.00	1226.15	0.651 times
03 Fri Jan 2025	1377.90	1279.70	1416.95	1224.00	1.479 times
27 Fri Dec 2024	1273.30	1349.05	1391.00	1265.00	0.628 times

Price has moved down 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
21 Tue Jan 2025	1118.00	1267.85	1416.95	1116.00	0.25 times
31 Tue Dec 2024	1262.25	1053.00	1502.75	1053.00	3.226 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

Scroll below to view daily charts

Price has moved down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Nelco ( (NELCO) ) based on a short 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.

Price action analysis of Nelco ( (NELCO) ) based on a short to mid 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.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Nelco in short term and the sell signal is strong.

Nelco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Nelco in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 1185.72 and Nelco (NELCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.