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Nelcast Limited

NELCAST.BO Technical Analysis Summary (BSE)

Analyze NELCAST.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NELCAST.BO●BSE
IndustrialsManufacturing - Metal Fabrication
₹107.55
₹0.10(0.09%)
Indian Market opens in 12h 45m

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 (BSE)

Nelcast Limited (BSE: NELCAST.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 37.05)
Trend Strength:Weak (ADX: 16.90)
Volatility:Medium (ATR: 4.14)
Support/Resistance:$105.16 – $122.59 (Bollinger Bands)

Technical conditions suggest Nelcast Limited on the BSE is awaiting a decisive move. Technical conditions suggest Nelcast Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 37.05

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 23.07

Bearish
Momentum remains weak below midpoint.

Williams %R: -71.55

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -10.42

Strongly Bearish
Sharp downside momentum.

Takeaway:Nelcast Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -3.77

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.90

Weak
Weak trend, market trading sideways.

ATR (14): 4.14

Medium
Medium volatility, healthy price movement.

CCI (14): -77.95

Bearish
Bearish, momentum remains under pressure.

Takeaway:Nelcast Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$122.59
Middle Band (SMA 20)
$113.87
Lower Band
$105.16
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$121.41
Middle Line (EMA 20)
$113.14
Lower Channel
$104.86
Squeeze Status
No Squeeze

Takeaway:Nelcast Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume160.01K
Money Flow Index27.10Bearish, selling pressure outweighs inflows.
Relative Vigor Index27.78Bearish, price momentum favors sellers.

Overall Takeaway:NELCAST.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Nelcast Limited (BSE: NELCAST.BO), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Nelcast Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: NELCAST.BO) Technical Analysis FAQ