Stock analysis NELCO Limited NELCO
More indepth analysis on MunafaSutra.com
Recent prices of NELCO NELCO Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 20 Thu Feb 2025 | 846.55 | 821.20 to 860.05 | 0.97% | 0.96 times |
| 19 Wed Feb 2025 | 838.45 | 775.15 to 850.00 | 6.42% | 1.54 times |
| 18 Tue Feb 2025 | 787.85 | 762.30 to 878.95 | -9.24% | 3.12 times |
| 17 Mon Feb 2025 | 868.10 | 840.00 to 888.75 | -1.07% | 0.9 times |
| 14 Fri Feb 2025 | 877.50 | 864.00 to 940.00 | -4.95% | 1.15 times |
| 13 Thu Feb 2025 | 923.15 | 919.00 to 955.20 | -1.84% | 0.62 times |
| 12 Wed Feb 2025 | 940.45 | 900.00 to 953.85 | 0.9% | 0.78 times |
| 11 Tue Feb 2025 | 932.05 | 921.50 to 976.05 | -4.08% | 0.76 times |
| 10 Mon Feb 2025 | 971.65 | 960.10 to 1006.10 | -2.71% | 0.39 times |
| 07 Fri Feb 2025 | 998.70 | 991.70 to 1030.00 | -1.96% | 0.43 times |
| 06 Thu Feb 2025 | 1018.65 | 1015.00 to 1057.00 | -0.77% | 0.32 times |
| 05 Wed Feb 2025 | 1026.60 | 1008.85 to 1039.00 | 2.85% | 0.41 times |
Technical analysis forecast for NELCO Limited 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 Limited NELCO at this time. Stock is falling and might fall more.
It appears as if NELCO Limited NELCO gave a large move recently.
Stock of NELCO Limited (NELCO) 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 Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if NELCO Limited stays below 882.2, but if it comes above 882.2, then a intra day buy could be more profitable.
If you take a sell trade below 882.2, then use 882.2 as stoploss and 795 as target. However if you take a buy trade in NELCO Limited, then use 882.2 as stoploss and 954.88 as target.