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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.

10 day averaged volume of Nelco is 65204

Date Daily Closing Price Open High Low Volume
08 Fri Dec 2023 794.45 756.00 822.00 752.10 15.745 times
07 Thu Dec 2023 747.85 749.30 764.45 740.80 1.513 times
06 Wed Dec 2023 745.60 752.00 755.60 739.60 0.84 times
05 Tue Dec 2023 748.65 753.05 757.55 741.35 0.907 times
04 Mon Dec 2023 753.05 769.95 769.95 750.55 1.014 times
01 Fri Dec 2023 750.85 761.80 765.95 748.00 0.807 times
30 Thu Nov 2023 754.30 756.85 772.15 746.00 1.56 times
29 Wed Nov 2023 752.65 762.55 765.15 745.00 1.027 times
28 Tue Nov 2023 757.65 769.95 774.30 755.00 0.895 times
24 Fri Nov 2023 767.05 777.95 777.95 761.10 0.65 times

Stock of Nelco (NELCO) has showed a significant upmove. This could be a good time to enter in this stock!

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 794.4, for a target of 772.8 or 754.84

Share price targets for Nelco (NELCO)

Target Type Value
Downside Target 669.95
Downside Target 700.00
Downside Target 739.60
Downside Target 774.30
Upside Target 797.45
Upside Target 812.00
Upside Target 822.00
Upside Target 869.80
Upside Target 875.00

Intraday share price targets for Nelco (NELCO)

Target Type Value
Downside Intraday Target 748.7
Downside Intraday Target 702.95
Upside Intraday Target 831.1
Upside Intraday Target 867.75
Downside Intraday Target 785.35

Weekly technical analysis of Nelco (NELCO)

Date Weekly Closing Price Open High Low Volume
08 Fri Dec 2023 794.45 769.95 822.00 739.60 4.667 times
01 Fri Dec 2023 750.85 769.95 774.30 745.00 0.558 times
24 Fri Nov 2023 767.05 756.00 797.45 748.75 1.168 times
17 Fri Nov 2023 755.90 718.80 769.00 715.00 1.97 times
10 Fri Nov 2023 710.45 713.80 724.85 703.95 1.409 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
08 Fri Dec 2023 794.45 761.80 822.00 739.60 0.928 times
30 Thu Nov 2023 754.30 712.95 797.45 700.00 0.95 times
31 Tue Oct 2023 710.80 785.50 812.00 669.95 0.646 times
29 Fri Sep 2023 784.60 809.50 875.00 762.10 0.665 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 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 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 positive zone. This is a BUY 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 778.96 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 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 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 positive zone. This is a BUY 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 778.96 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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