NELCAST (1D) - Potential Reversal and Accumulation SetupHello traders,
Looking at the daily chart for NELCAST, we can see the price has been in a sustained downtrend but is now showing signs of stabilization. The price action suggests we might be entering an accumulation zone, finding solid support at these lower levels.
Here is my technical view on a po
Nelcast Limited
No trades
5.37 INR
372.92 M INR
12.40 B INR
16.77 M
About Nelcast Limited
Sector
Industry
CEO
Ponnavolu Deepak
Website
Headquarters
Chennai
Founded
1982
IPO date
Jun 4, 2007
Identifiers
2
ISIN INE189I01024
Nelcast Ltd. engages in the manufacture and sale of iron castings. The firm provides casting components to several industries including automobiles, trailers, engines, tractors, railways, and pipe fittings. Its products include commercial components, tractor and farm equipment, off highway, army, and power train components. The company was founded by Ponnavolu Radhakrishna Reddy on June 7, 1982 and is headquartered in Chennai, India.
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NELCAST 1 Month Time Frame 📌 Recent snapshot
As of 28 Nov 2025, Nelcast closed around ₹116.
Over the past 1 month, the stock has seen a ~ –9 % return.
The 52-week trading range: low ~ ₹78, high ~ ₹180.
✅ My View (with caution)
Nelcast seems fairly valued — perhaps a bit stretched relative to estimated intrinsic value. In
Good Possibility in the makingAll details marked on chart itself.
Strict SL to be followed. Once the momentum picks up above entry level, trail SL to reduce loss and protect profits.
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I think the biggest mistake of all is the mistake that is most human, that we all commit, every one of us, including you and me.
Which
Short Term Swing Trading Idea in Nelcast for 20% UpsideHi,
NSE:NELCAST has given a Bullish Inverted Head & Shoulder Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting
Momentum GameIdea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Exit from the trade when current day closes below previous day low.
Rule 2 : Hold the Trade until the Rule 1
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of NELCAST is 123.38 INR — it has increased by 0.45% in the past 24 hours. Watch Nelcast Limited stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange Nelcast Limited stocks are traded under the ticker NELCAST.
NELCAST stock has risen by 3.55% compared to the previous week, the month change is a 3.37% rise, over the last year Nelcast Limited has showed a 45.15% increase.
NELCAST reached its all-time high on Nov 9, 2023 with the price of 194.30 INR, and its all-time low was 3.17 INR and was reached on Mar 13, 2009. View more price dynamics on NELCAST chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
NELCAST stock is 2.69% volatile and has beta coefficient of 2.02. Track Nelcast Limited stock price on the chart and check out the list of the most volatile stocks — is Nelcast Limited there?
Today Nelcast Limited has the market capitalization of 10.64 B, it has increased by 1.78% over the last week.
Yes, you can track Nelcast Limited financials in yearly and quarterly reports right on TradingView.
NELCAST net income for the last quarter is 159.02 M INR, while the quarter before that showed 47.56 M INR of net income which accounts for 0.00% change. Track more Nelcast Limited financial stats to get the full picture.
Yes, NELCAST dividends are paid annually. The last dividend per share was 0.50 INR. As of today, Dividend Yield (TTM)% is 0.41%. Tracking Nelcast Limited dividends might help you take more informed decisions.
Nelcast Limited dividend yield was 0.60% in 2024, and payout ratio reached 11.66%. The year before the numbers were 0.31% and 6.40% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 10, 2026, the company has 2.12 K employees. See our rating of the largest employees — is Nelcast Limited on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Nelcast Limited EBITDA is 1.08 B INR, and current EBITDA margin is 6.31%. See more stats in Nelcast Limited financial statements.
Like other stocks, NELCAST shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Nelcast Limited stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Nelcast Limited technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Nelcast Limited stock shows the buy signal. See more of Nelcast Limited technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









