Home / Short Term Target / Nelco
Nelco Share Price Target - Tomorrow, Next Week & Next Month
Nelco Limited | |||
 | Symbol: NELCO | ||
| Price: ₹1,234.83 | |||
| Exchange: NSE | |||
| Technology -> Communication Equipment | |||
Show Table of Contents
Table of Contents
- 1: Nelco Recent Performance
- 2: Chart: Nelco Share Price Target - Tomorrow
- 3: Table: Nelco Share Price Target - Tomorrow
- 4: Summary: Nelco Share Price Prediction For Tomorrow
- 5: Chart: Nelco Share Price Target - Next Week
- 6: Table: Nelco Share Price Target - Next Week
- 7: Summary: Nelco Share Price Prediction For Next Week
- 8: Chart: Nelco Share Price Target - Next Month
- 9: Table: Nelco Share Price Target - Next Month
- 10: Summary: Nelco Share Price Prediction For Next Month
Nelco Recent Performance
Over the past 24 trading days, the value of Nelco's stock has increased by ₹362.14 (+41.50%). On 02 Aug 2024, one share was worth ₹872.70 and by 06 Sep 2024, the value jumped to ₹1234.84. During this period it created a highest high of ₹1335.00 and lowest low of ₹799.25.
Below Image represents line chart of daily close price of Nelco, helping you visualize how the price has changed day by day.
Advertisement
Chart: Nelco Share Price Target - Tomorrow
The line chart displays the Nelco daily closing prices for the past 24 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.
For detailed target and stop loss values for Nelco shares for Fri 06 Sep 2024, see the table below.
Advertisement
Table: Nelco Share Price Target - Tomorrow
By analyzing Nelco stock with yesterday and past crucial price points and technical indicators we derived following targets for Tomorrow: Mon, 09 Sep, 2024!
| Nelco's Levels | Value | Reason/Importance |
|---|---|---|
| Tomorrow Target 3 | 1361.55 (+10.26%) | Fibonacci Extension Level 123.6% |
| Tomorrow Target 2 | 1335.00 (+8.11%) | Price Action: Sep 2024 High |
| Tomorrow Target 1 | 1307.95 (+5.92%) | Price Action: Chart |
| Current Price | 1234.84 | Nelco's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 1284.90 (+4.05%) | Price Action: Aug 2024 High |
| Stop Loss 2 | 1278.75 (+3.55%) | Fibonacci Retracement Level 50% |
| Stop Loss 3 | 1271.00 (+2.92%) | Price Action: 03 Sep 2024 High |
Summary: Nelco Share Price Prediction For Tomorrow
Fri 06 Sep 2024: Nelco finished the day at ₹1234.84, losing ₹-56.96 (-4.41%) in 1 day.
In summary, our analysis of Nelco for tomorrow predicts a rise of 5.92% to 10.26% with three potential targets T1: ₹1307.95, T2: ₹1335.00, T3: ₹1361.55 and Stop-Loss (SL) at SL1: ₹1284.90, SL2: ₹1278.75, SL3: ₹1271.00.
Additionally, we've identified a support level at ₹1222.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1296.94, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.
Over the last 24 trading days, the stock has jumped 41.50%, indicating it could be a excellent option for trading or short-term investment. During this period, its price fluctuated between 1335.00 and 799.25.
After looking at tomorrow's share price prediction, let's now check what next week might hold for Nelco.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Chart: Nelco Share Price Target - Next Week
The chart displays the Nelco weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.
For detailed target and stop loss values for Nelco shares for next week, see the table below.
Advertisement
Table: Nelco Share Price Target - Next Week
By analyzing Nelco stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!
| Nelco's Levels | Value | Reason/Importance |
|---|---|---|
| Next Week Target 3 | 1365.90 (+10.61%) | Custom Fibonacci Extension Lvl 50% |
| Next Week Target 2 | 1340.05 (+8.52%) | Price Action: Chart |
| Next Week Target 1 | 1326.78 (+7.44%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 1234.84 | Nelco's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 1278.39 (+3.52%) | Fibonacci Retracement Level 38.2% |
| Stop Loss 2 | 1260.90 (+2.11%) | Fibonacci Retracement Level 50% |
| Stop Loss 3 | 1234.65 (-0.02%) | Price Action: 02 Sep 2024 High |
Summary: Nelco Share Price Prediction For Next Week
As of Fri 06 Sep 2024, Nelco share price stands at ₹1234.84, gaining ₹12.40 (+1.01%) in this week.
In summary, our analysis of Nelco for next week predicts a rise of 7.44% to 10.61% with three potential targets T1: ₹1326.78, T2: ₹1340.05, T3: ₹1365.90 and Stop-Loss (SL) at SL1: ₹1278.39, SL2: ₹1260.90, SL3: ₹1234.65.
Additionally, we've identified a support level at ₹1186.80 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1335.00, which is like a ceiling at which the price might have a hard time breaking through.
After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for Nelco.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Chart: Nelco Share Price Target - Next Month
The chart displays the Nelco monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.
For detailed target and stop loss values for Nelco shares for next month, see the table below.
Advertisement
Table: Nelco Share Price Target - Next Month
By analyzing Nelco stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!
| Nelco's Levels | Value | Reason/Importance |
|---|---|---|
| Next Month Target 3 | 1461.44 (+18.35%) | Fibonacci Extension Level 123.6% |
| Next Month Target 2 | 1432.42 (+16%) | Price Action: Chart |
| Next Month Target 1 | 1418.24 (+14.85%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 1234.84 | Nelco's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 1250.00 (+1.22%) | Price Action: 28 Aug 2024 Low |
| Stop Loss 2 | 1234.65 (-0.02%) | Price Action: 02 Sep 2024 High |
| Stop Loss 3 | 1219.00 (-1.29%) | Price Action: 22 Aug 2024 High |
Summary: Nelco Share Price Prediction For Next Month
As of Fri 06 Sep 2024, Nelco share price stands at ₹1234.84, gaining ₹12.40 (+1.01%) in this month.
In summary, our analysis of Nelco for next month predicts a rise of 14.85% to 18.35% with three potential targets T1: ₹1418.24, T2: ₹1432.42, T3: ₹1461.44 and Stop-Loss (SL) at SL1: ₹1250.00, SL2: ₹1234.65, SL3: ₹1219.00.
Additionally, we've identified a support level at 1222.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at 1335.00, which is like a ceiling at which the price might have a hard time breaking through.
After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for Nelco, we created a specific page for that check here: Nelco Share Price target for 2024 and 2025
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
As we wrap up, we hope you like our study on Nelco short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
