Let me take this opportunity to share with everyone on this platform how the combination of using WD Gann Theory and Fundamental Analysis gives the best results in the stock market. In this context, understanding the NESCO share price target could significantly benefit investors looking to optimize their strategies for growth.
In January 2021 I had predicted that Nesco ltd should now start moving upside. In Jan’21, while assessing the share price target for NESCO, the share price of Nesco was 557 when I shared my prediction about the upcoming rise, taking into account the future Nesco share price target.
Sharing below the image of my Gann prediction made on the Nesco Stock price:
Nesco was already shortlisted as the best stock to invest in. I usually prepare a list of stocks where I see an opportunity to get more than 300% returns, aligning with my share price target for NESCO projections.
Let us see what has happened after this prediction was made on Nesco stock:
As a result, Nesco stock has already given 138% returns as per the current market price!
What is next?
As per the WD Gann Law Of Vibration, Nesco Stock’s active 5th cycle is at 2858, a vital point when considering the share price target for NESCO.
The gap between the current market price 1363 & its active Gann level 2858 (5th cycle level) is good. Though I would prefer re-entering this stock at 1200 Gann levels, as it could be a strategic move for those setting a Nesco share price target.
In the worst scenario, if any crash-like situation comes, then I would again add it at the 797 Gann level. We would be very, very lucky if it happens. The reason is that from 797 to its active 5th cycle gap will become 260%! And that can be a good investment opportunity in Nesco Ltd for those considering share price target strategies involving NESCO.
Some Pages You Will Definitely Like To Read Are:
Nifty Predictions
WD Gann Predictions (Mixed)
Gann Cycle Decoder
Price Time Squaring
Disclaimer: I am not a S.E.B.I. registered advisor. This website is purely for training and educational purposes. I shall not be responsible for your profit or loss. Please confirm with your investment advisor before making any investment decisions.
