NELCO Ready for Strong REVERSAL

NELCO: LCP @ 78.80
Fundamentally:
Being a TATA Group Company, deals with Communication Equipment & services like
#1. Tatanet VSAT is Satellite based Communications service to support Internet, Data, video, LAN
#2. Integrated Management of Indoor and Outdoor Security Systems.
#3. Innovative Turnkey Meteorological Solutions Including life cycle maintenance
#4. End to End Networking Solutions as well Maintenance of Private hubs & Hybrid networks.
#5. Partners with Enterprise and Government Customers (including BANK) in managing the IT as well as the security needs.
Net profit: Loss to Profit making company As per TTM (Trailing Twelve Month)
Last Qr. (03/2017): Net Profit Variation 268%.

Technically:
All Lead & Laggard Indicators OVERSOLD
ALL Drawing are in the Chart.
TGT Levels Plotted in Chart.

Declinazione di responsabilità