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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 2024-12-09 View latest technical analysis

10 day averaged volume of Nelcast is 74463

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	130.22	128.20	130.69	126.10	1.249 times
06 Fri Dec 2024	127.67	125.25	128.90	124.43	0.872 times
05 Thu Dec 2024	125.00	126.40	126.40	123.12	0.544 times
04 Wed Dec 2024	125.26	124.00	126.92	123.52	0.849 times
03 Tue Dec 2024	123.48	119.58	124.79	119.46	1.163 times
02 Mon Dec 2024	118.79	117.22	120.50	115.72	1.24 times
29 Fri Nov 2024	117.22	118.80	118.80	115.62	0.479 times
28 Thu Nov 2024	116.85	114.29	118.43	113.34	1.513 times
27 Wed Nov 2024	113.37	114.75	114.75	112.05	1.185 times
26 Tue Nov 2024	113.29	111.88	114.78	110.81	1.24 times

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 131, for a target of 123 or 116.36

Share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Target	105.21
Downside Target	110.50
Downside Target	115.00
Downside Target	118.80
Downside Target	126.10
Downside Target	128.77
Downside Target	129.90
Upside Target	130.69
Upside Target	135.30
Upside Target	139.34
Upside Target	153.15
Upside Target	154.00

Intraday share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Intraday Target	127.32
Downside Intraday Target	124.41
Upside Intraday Target	131.91
Upside Intraday Target	133.59
Downside Intraday Target	129

Weekly technical analysis of Nelcast (NELCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	130.22	128.20	130.69	126.10	0.268 times
06 Fri Dec 2024	127.67	117.22	128.90	115.72	0.875 times
29 Fri Nov 2024	117.22	112.25	118.80	110.50	1.254 times
22 Fri Nov 2024	110.81	111.00	115.00	105.93	0.829 times
14 Thu Nov 2024	108.97	120.00	120.00	105.21	1.028 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 Nelcast (NELCAST)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	130.22	117.22	130.69	115.72	0.296 times
29 Fri Nov 2024	117.22	119.74	128.77	105.21	0.904 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

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 Nelcast (NELCAST)

Price action analysis of Nelcast ( (NELCAST) ) 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 Nelcast ( (NELCAST) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nelcast 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.

Nelcast Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Nelcast 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 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 120.67 and Nelcast (NELCAST) 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 Nelcast (NELCAST) stock. Volume based technical analysis of Nelcast (NELCAST) stock is negative.

Nelcast 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.