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(NELCAST) Nelcast complete technical analysis [charts+indicators] | Buy/Sell Nelcast | (NELCAST) share price targets

Complete technical analysis of Nelcast (NELCAST) by charts plus indicators, forecast predictions and share price targets for Nelcast (NELCAST)

Nelcast trades in NSE in Other Industrial Products sector.

Showing technical analysis as on 2024-11-13 View latest technical analysis

10 day averaged volume of Nelcast is 62529

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	107.03	112.00	114.81	105.21	2.032 times
12 Tue Nov 2024	112.31	114.80	117.63	111.95	0.665 times
11 Mon Nov 2024	113.38	120.00	120.00	112.21	1.96 times
08 Fri Nov 2024	119.94	121.05	124.04	118.80	1.772 times
07 Thu Nov 2024	124.94	125.00	128.77	122.00	1.999 times
06 Wed Nov 2024	125.14	125.00	126.00	123.37	0.675 times
05 Tue Nov 2024	123.63	119.79	124.00	118.35	0.996 times
04 Mon Nov 2024	119.22	121.00	121.50	118.05	0.502 times
01 Fri Nov 2024	120.31	119.74	120.98	117.96	0.36 times
31 Thu Oct 2024	118.62	118.59	120.00	117.50	0.577 times

Stock of Nelcast (NELCAST) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 107.3, for a target of 113.4 or 118.48

Share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Target	105.21
Upside Target	118.05
Upside Target	127.23
Upside Target	128.77
Upside Target	129.90
Upside Target	135.30
Upside Target	138.91
Upside Target	139.34
Upside Target	153.15
Upside Target	154.00
Upside Target	158.00

Intraday share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Intraday Target	101.49
Downside Intraday Target	95.96
Upside Intraday Target	116.28
Upside Intraday Target	125.54
Upside Intraday Target	110.75

Weekly technical analysis of Nelcast (NELCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	107.03	120.00	120.00	105.21	0.784 times
08 Fri Nov 2024	119.94	121.00	128.77	118.05	1.874 times
01 Fri Nov 2024	120.31	109.35	120.98	108.26	0.612 times
25 Fri Oct 2024	108.70	126.00	127.23	106.22	0.852 times
18 Fri Oct 2024	124.90	126.60	128.41	121.68	0.84 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 Nelcast (NELCAST)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	107.03	119.74	128.77	105.21	0.416 times
31 Thu Oct 2024	118.62	137.30	139.34	106.22	0.355 times
30 Mon Sep 2024	136.98	146.50	153.15	129.90	2.746 times
30 Fri Aug 2024	145.75	149.50	154.00	135.30	0.655 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 Nelcast (NELCAST)

Price action analysis of Nelcast ( (NELCAST) ) 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 Nelcast ( (NELCAST) ) 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 Nelcast ( (NELCAST) ) 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 Nelcast stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Nelcast 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nelcast 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 positive zone. This is a BUY zone

Stock of Nelcast is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 117.51 and Nelcast (NELCAST) 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 Nelcast (NELCAST) stock. Volume based technical analysis of Nelcast (NELCAST) stock is negative.

Nelcast 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.