Nelcast Ltd. Sees Strong Sell Call from MarketsMOJO, But Continues Consecutive Gain Streak

Nelcast Ltd., a smallcap company in the castings and forgings industry, saw a strong sell call from MarketsMOJO today. The stock opened with a gain of 5.24% but underperformed the sector by 7.69%. However, it has been on a consecutive gain streak for the last 4 days, with a rise of 15.89% in that period.

Today, the stock opened with a gap up of 5.24% and reached an intraday high of Rs 149.9, showing a gain of 8.35%. It is currently trading higher than its 5, 20, 50, and 100 day moving averages, but lower than its 200 day moving average.

In comparison to the Sensex, Nelcast Ltd. has outperformed with a 1 day performance of 7.12% while the Sensex remained at 0.00%. However, in the last 1 month, the stock has underperformed with a -2.34% return while the Sensex saw a 5.55% increase.

It is important to note that this information is based on facts and data provided by MarketsMOJO and does not include any external sources or recommendations. As a smallcap company in the castings and forgings industry, Nelcast Ltd. may have potential for growth in the future, but it is important to make investment decisions based on thorough research and analysis.