Munafa Nelcast Limited (NELCAST) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Nelcast Limited (NELCAST) Indicator analysis

Nelcast Limited stock tips (delivery Volume analysis)

Total 5 day volume for Nelcast Limited is 282084, out of which 150150 went into delivery, which is 53.23 percent of total volumes

Volumes in the last session was 47485, out of which 27390 went into delivery, which is 57.68 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Nelcast NELCAST intraday stock tips

05 Friday December Stock tips for Nelcast Stock 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...

It appears as if Nelcast NELCAST gave a large move recently.

Although my analysis for Nelcast 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 106.7, for a target of 109.2 or 111.29

04 Thursday December Stock tips for Nelcast Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Nelcast NELCAST gave a large move recently.

My analysis of Nelcast is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 109.7 as stoploss in an intra day buy trade for a target of 111.71. However, stock will show a bearish move below 109.7.

03 Wednesday December Stock tips for Nelcast Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Nelcast NELCAST gave a large move recently.

My analysis of Nelcast is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nelcast stays below 109.9, but if it comes above 109.9, then a intra day buy could be more profitable.
If you take a sell trade below 109.9, then use 109.9 as stoploss and 107.4 as target. However if you take a buy trade in Nelcast, then use 109.9 as stoploss and 111.89 as target.

02 Tuesday December Stock tips for Nelcast Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Nelcast NELCAST gave a large move recently.

My analysis of Nelcast is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nelcast stays below 110, but if it comes above 110, then a intra day buy could be more profitable.
If you take a sell trade below 110, then use 110 as stoploss and 107.4 as target. However if you take a buy trade in Nelcast, then use 110 as stoploss and 112.11 as target.

01 Monday December Stock tips for Nelcast Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Nelcast NELCAST gave a large move recently.

My analysis of Nelcast is bearish for shortterm, and stock might move down till 109.9 or till 107. Use a stoploss of 112.37 and if the stock hits stoploss, then it can shoot up till 114.8

28 Friday November Stock tips for Nelcast (NELCAST) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Nelcast NELCAST gave a large move recently.

My analysis of Nelcast is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Nelcast stays above 115.1, but if it comes below 115.1, then a intra day sell could be more profitable.
If you take a sell trade below 115.1, then use 115.1 as stoploss and 112.41 as target. However if you take a buy trade in Nelcast, then use 115.1 as stoploss and 118.3 as target.

27 Thursday November Stock tips for Nelcast Stock 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...

It appears as if Nelcast NELCAST gave a large move recently.

My analysis of Nelcast is bearish for shortterm, and stock might move down till 107.9 or till 102.9. Use a stoploss of 112.04 and if the stock hits stoploss, then it can shoot up till 116.19

Nelcast NELCAST tips for tomorrow

Tomorrow's movement Prediction of Nelcast NELCAST appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Nelcast NELCAST is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 110.61

Munafa value: 25

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.

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