NELCO Technical Analysis

NELCO Ltd Technical Analysis

NELCO Ltd technical analysis is gaining attention among traders and investors tracking NELCO Ltd Technical Analysis trends in the Indian stock market. NELCO Ltd (NSE: NELCO, BSE: 504112) is currently trading at ₹687.15, showing a -1.51% move as of Thu, Jun 04, 2026.

This detailed NELCO Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

NELCO Ltd Stock Overview

NELCO Ltd operates in the Electronic technology sector under the Electronic production equipment industry. With a market capitalization of ₹15.7B and a PE ratio of 471.52, NELCO Ltd remains a key stock to watch in NELCO Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹15.7B
• PE Ratio: 471.52
• Dividend Yield: 0.15
• Sector: Electronic technology
• Industry: Electronic production equipment

These fundamentals play an important role in NELCO Ltd technical analysis and valuation tracking.

NELCO Ltd Support and Resistance Levels

Classic Pivot Levels

In NELCO Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 891.87
• Resistance 2: 790.92
• Resistance 1: 739.03
• Pivot Point: 689.97
• Support 1: 638.08
• Support 2: 589.02
• Support 3: 488.07

Conditional Insight

NELCO Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 638.08 and 589.02.

Fibonacci Levels Analysis

Fibonacci levels are widely used in NELCO Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 790.92
• Fibonacci R2: 752.35
• Fibonacci R1: 728.53
• Fibonacci Pivot: 689.97
• Fibonacci S1: 651.40
• Fibonacci S2: 627.58
• Fibonacci S3: 589.02

NELCO Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

NELCO Ltd Moving Average Analysis

Moving averages are key indicators in NELCO Ltd technical analysis for identifying trend direction.

• 10 EMA: 690.21
• 20 EMA: 685.05
• 30 EMA: 679.30
• 50 EMA: 671.06
• 100 EMA: 680.31
• 200 EMA: 730.05

Trend Logic

NELCO Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in NELCO Ltd technical analysis remains positive above 200 EMA.

NELCO Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 57.79
• MACD: 7.32
• Signal: 6.33
• ADX: 22.59
• Momentum: 30.90

RSI Logic

NELCO Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

NELCO Ltd technical analysis indicates bearish momentum with MACD below signal line.

NELCO Ltd Overall Recommendation

• Overall Recommendation Score: 0.36
• Moving Average Recommendation: 0.53
• Other Indicators Recommendation: 0.18

Overall NELCO Ltd technical analysis sentiment remains neutral with mixed signals.

NELCO Ltd Technical Analysis Conclusion

NELCO Ltd technical analysis suggests that traders should closely monitor price action around ₹687.15 and key pivot level 689.97. Breakouts above resistance or breakdown below support will define the next trend in NELCO Ltd technical analysis.

Investors searching for NELCO Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, NELCO Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.