Nelco Share Price Target The stock price targets above are based on chart movements and levels at which stocks show significant price movement. More information on detailed technical analysis of stocks with all indicators is provided below.
Indicator Name Indicator Value Signal ADX 48, 18, 46 Buy MACD 154, 153 Buy Stochastic 65 No CCI 7 Sell RSI 59 Buy OBV 2668074 Sell VWAP 845 Sell ADL 0 Sell ROC 0 Buy Strength Index 0 Stock Price Analysis Nelco Selling ((( NELCO) )) is negative on the short-term timeframe, but the trend is highly volatile.
This cannot be called a strong bearish trend, especially if the selected duration is short. The Nelco ((Nelco)) price action analysis based on the short and medium term is clearly negative. Weighted average price by volume (VWAP) for the short term is 844.87 and Nelco (NELCO) is trading below that level. lows reflecting strong selling momentum.
Nelco Share Price Target
The volume-weighted average price (VWAP) for the short term is 779.4 and Nelco shares are trading below this level. At a latest closing price of INR 757.10, Nelco shares were trading +38.03% higher than their 200-day moving average. If Nelco is trading above 838.57, the upside targets are more likely to be met. If Nelco is trading below 821.25, the downside targets are more likely to be met.
The investor should buy and hold Nelco shares with the aim of rising from Rs 550 to Rs 560. Investors with a short-term horizon can buy Nelco shares at current levels. This is the BUY zone. Judging by the indicator, Nelco shares are gaining momentum.
Additional information NELCO LTD is considered to be the first share in the category of shares outstanding among related companies. It is considered the number one share in the operating margin category among related companies. NELCO is currently evaluated in the category of number of employees among related companies. According to Sandip Jain, Nelco Limited is a high quality company and is part of the TATA group.
Nelco Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
The company was founded in 1940 and is headquartered in Navi Mumbai, India. The company was founded on 31 August 1940 and is headquartered in Navi Mumbai, India. It works through automation and control; and segments of network systems. Nelco Limited provides systems and solutions for very small aperture terminal (VSAT) connectivity and integrated security and surveillance in India.
Its current activities are the production, trade and sale of consumer electronics, the sale of business systems and office products. The National Radio and Electronics Company (NELCO) was established in 1940 by the Investment Corporation of India, among other things, to manufacture broadcasting equipment.
A1 Intraday Tips is a company that deals with accurate advice exchange in India on the NSE market. A1 Intraday Tips also provides daily Nelco Nse stock market price charts with today’s nse market performance.
It also contains real-time stock price and volume, 52-week low, bid and ask price and volume, intraday and historical price chart. This fundamental analysis module provides investors with the ability to measure the intrinsic value of NELCO by examining all available economic and financial indicators and factors, including cash flow registers, balance sheet changes, income statement models, and various reports of microeconomic and financial performance related to the NELCO share. .
This model does not attempt to determine the intrinsic value of NELCO shares. If the real value is higher than the market price, NELCO LTD is considered undervalued and we issue a buy recommendation.
According to AI Pickup, Nelco Limited share price forecast for February 2031 is 528.948676044447. Nelco Limited (NSE NELCO) shares may not be the best investment choice, according to the Nelco Limited stock outlook. These stock price targets and projections are valid in both the short and medium term as well as the long term.
When conducting NELCO LTD price analysis, check to measure NELCO market volatility, profitability, liquidity, solvency, performance, upside potential, leverage and other important metrics. You can analyze the company in comparison with its peers and the financial market in general to determine the factors that affect the price of NELCO. Most of NELCO’s key metrics, such as Cash Flow from Operations, are part of the valuation analysis module, which helps investors look for stocks that are currently trading above or below their true value. Another positive thing about Nelco is that the return on invested capital is about 20%.
When we calculate the profit of the company for the last 3 years, it is about 30%, 51% for the last 5 years and 46% for the last 7 years. And, if we look at the company’s growth over the past 3 years, it’s somewhere around 15-16%. Nelco has been performing consistently over the past few years,” Jain added.
They said that Tata Steel’s share price growth is due to the doubling of metal prices over the past year, while Nelco and Tata Elxi are among the IT sector, which is expected to increase business volumes after Covid. Looking forward to a further increase in these stocks from the Tata group; Sumit Bagadia, chief executive of Choice Broking, said: “Tata Steel, Tata Elxsi and Nelco look very optimistic in the rankings. Over the past month, Tata Steel’s share price is up about 18.50%, Tata Elxsi’s shares are up about 11.%, while Nelco’s shares have skyrocketed to almost 36%, Sobha’s real estate shares and some jewelry shares have been in demand after posting excellent September figures.
The market looked better overall as the BSE mid-cap and small-cap indexes gained over 1% each. Several titles reached the upper limits of the circuit during the session, each increasing by 20%. The paper is up about 400 percent from its Rs 400 issue price. The oil and exploration company is in the top 20 percent at Rs 55 after a strong technical advance on the daily charts. India’s VIX fell sharply. 30-share Sensex gained 488.10 points, or 0.82%, to close at 59,677.83.
The price has fallen this month, but the volume has not increased significantly. The Ichimoku cloud is colored red and prices are inside or above the red cloud. It looks like prices are falling. CCI has generated a short-term SELL signal for Nelco, but the SELL signal is weak.
NELCO’s current support is at 731.1 and resistance is at 759.9 on a 15 minute basis. Shares broke a key barrier at Rs 240 in early February and were in a short-term downtrend until they found support at Rs 180, a significant long-term base.
This cannot be called a strong bearish trend, especially if the selected time duration is short. Nelco ((Nelco)) price action analysis based on the short-term time period is negative, but stock sellers have been active lately. With NELCO’s current share price of Rs 751.00, this results in a dividend yield of 0.16%.