(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.
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