ebook Munafa Stock Market Course + Intraday & FNO calls  

       

NSE Stock NELCO_BE Historical charts - Nelco Ltd

Historical charts for Stock NELCO_BE - Share Nelco Ltd trades in NSE

Moving Averages for

  • 5Day Average: 644.59
  • 12Day Average: 686.11
  • 20Day Average: 708.25
  • 50Day Average: 724.22
  • 100Day Average: 732.46
  • 150Day Average: 615.42

NELCO_BE Indicators & signals

Indicator MACD (12,26,9)

673.37, 695.53, -10.38
Indicator MACD is in negative zone

Indicator ADX (14)

34.43, 16.63, 34.09
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 61
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NELCO_BE are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Fri May 2022 615.60 606.25 to 625.00 -1.43% 0.88 times
04 Wed May 2022 624.55 619.00 to 654.90 -2.49% 1.07 times
02 Mon May 2022 640.50 630.00 to 659.00 -2.65% 0.92 times
29 Fri Apr 2022 657.95 652.00 to 688.00 -3.86% 1.1 times
28 Thu Apr 2022 684.35 662.00 to 699.00 -0.12% 0.87 times
27 Wed Apr 2022 685.20 679.00 to 701.00 -4.13% 1.62 times
26 Tue Apr 2022 714.70 700.00 to 732.00 1.02% 0.69 times
25 Mon Apr 2022 707.50 705.70 to 743.80 -4.75% 1.11 times
22 Fri Apr 2022 742.80 740.00 to 774.50 -0.22% 1.01 times
21 Thu Apr 2022 744.45 700.00 to 744.45 5% 0.92 times
20 Wed Apr 2022 709.00 700.00 to 720.00 0.32% 0.69 times
19 Tue Apr 2022 706.75 695.80 to 750.90 -3.5% 0.85 times

Technical analysis forecast for NELCO_BE Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT NELCO_BE NELCO_BE at this time. Stock is falling and might fall more.

It appears as if NELCO_BE NELCO_BE gave a large move recently.

Stock of NELCO_BE (NELCO_BE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of NELCO_BE is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if NELCO_BE stays below 645.1, but if it comes above 645.1, then a intra day buy could be more profitable.
If you take a sell trade below 645.1, then use 645.1 as stoploss and 592.7 as target. However if you take a buy trade in NELCO_BE, then use 645.1 as stoploss and 688.76 as target.

Tomorrow's movement Prediction of NELCO_BE is strongly bearish. It has broken a strong support of 660 and is expected to move down further.

Munafa value: 35

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

Videos related to: NSE Stock NELCO_BE Historical charts - Share Nelco Ltd

Hindi Basics How To Trade In FnO Futures Options Stock Market

Hindi Video What Is Needed To Succeed In Stock Markets

NSE Stock NELCO_BE Historical charts - Share Nelco Ltd

 

Back to top