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Nelcast Limited

NELCAST.BO•BSE
Industrials
Manufacturing - Metal Fabrication
₹114.76
₹0.00(0.00%)
Indian Market opens in 11h 34m

Nelcast Limited (NELCAST.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Nelcast Limited (BSE:NELCAST.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NELCAST.BO Technical Analysis Summary

Nelcast Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.79)
Trend Strength:Strong (ADX: 31.98)
Volatility:High (ATR: 6.51)
Support/Resistance:$91.75 – $139.51 (Bollinger Bands)

Overall, Nelcast Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 54.79

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 21.31

Bearish
Momentum remains weak below midpoint.

Williams %R: -77.32

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.87

Neutral
Price change is minimal.

Takeaway:Nelcast Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 4.23

Bullish
Bullish, trend momentum is strengthening.

ADX: 31.98

Strong
Strong trend, momentum well established.

ATR (14): 6.51

High
High volatility, wide price fluctuations.

CCI (14): -97.57

Bearish
Bearish, momentum remains under pressure.

Takeaway:Nelcast Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$139.51
Middle Band (SMA 20)
$115.63
Lower Band
$91.75
Current Position
Within Bands

Takeaway:Nelcast Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$128.12
Middle Line (EMA 20)
$115.10
Lower Channel
$102.08
Squeeze Status
No Squeeze

Takeaway:Nelcast Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume287.90K
Money Flow Index89.95Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index29.38Bearish, price momentum favors sellers.

Overall Takeaway:NELCAST.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Nelcast Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Nelcast Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ