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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 2025-01-24 View latest technical analysis

10 day averaged volume of Nelcast is 36486

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	107.60	109.99	110.56	106.00	0.716 times
23 Thu Jan 2025	109.25	109.60	114.89	108.01	1.088 times
22 Wed Jan 2025	108.89	112.00	112.00	106.74	1.117 times
21 Tue Jan 2025	110.86	113.40	114.46	110.20	0.877 times
20 Mon Jan 2025	112.40	112.60	113.99	110.70	0.699 times
17 Fri Jan 2025	112.55	111.24	113.00	110.32	0.556 times
16 Thu Jan 2025	111.17	111.20	112.96	110.34	0.811 times
15 Wed Jan 2025	109.94	111.20	113.00	109.00	1.141 times
14 Tue Jan 2025	110.18	108.15	110.91	108.00	0.705 times
13 Mon Jan 2025	107.15	111.46	112.84	106.05	1.703 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 108.8, but if it comes above 108.8, then a intra day buy could be more profitable.
If you take a sell trade below 108.8, then use 108.8 as stoploss and 100.9 as target. However if you take a buy trade in stock , then use 108.8 as stoploss and 115.39 as target.

Share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Target	105.21
Upside Target	110.12
Upside Target	113.00
Upside Target	120.41
Upside Target	126.51
Upside Target	129.30
Upside Target	129.75
Upside Target	129.90
Upside Target	134.00
Upside Target	139.34
Upside Target	153.15

Intraday share price targets for Nelcast (NELCAST)

Target Type	Value
Downside Intraday Target	104.1
Downside Intraday Target	100.61
Upside Intraday Target	112.99
Upside Intraday Target	118.39
Upside Intraday Target	109.5

Weekly technical analysis of Nelcast (NELCAST)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	107.60	112.60	114.89	106.00	0.915 times
17 Fri Jan 2025	112.55	111.46	113.00	106.05	0.862 times
10 Fri Jan 2025	111.46	126.00	126.51	110.12	1.213 times
03 Fri Jan 2025	125.09	123.00	129.30	120.41	1.147 times
27 Fri Dec 2024	122.03	127.35	129.75	121.00	0.632 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
24 Fri Jan 2025	107.60	124.00	129.30	106.00	0.549 times
31 Tue Dec 2024	123.67	117.22	134.00	115.72	0.79 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

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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 109.6 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.