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(NMDC) Nmdc complete technical analysis [charts+indicators] | Buy/Sell Nmdc | (NMDC) share price targets

Complete technical analysis of Nmdc (NMDC) by charts plus indicators, forecast predictions and share price targets for Nmdc (NMDC)

Nmdc trades in NSE in Mining sector.

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Nmdc is 32608037

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	231.05	227.40	234.55	227.10	0.472 times
29 Thu Feb 2024	225.90	224.00	229.60	221.25	5.025 times
28 Wed Feb 2024	223.05	227.00	229.40	222.00	0.589 times
27 Tue Feb 2024	225.05	229.50	231.30	222.40	0.64 times
26 Mon Feb 2024	234.95	238.15	239.20	233.30	0.461 times
23 Fri Feb 2024	238.30	240.85	240.85	236.00	0.497 times
22 Thu Feb 2024	239.00	235.00	239.60	231.30	0.549 times
21 Wed Feb 2024	232.60	244.75	244.75	231.30	0.65 times
20 Tue Feb 2024	240.95	248.25	248.60	239.20	0.573 times
19 Mon Feb 2024	246.30	245.80	250.40	244.60	0.404 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 229.3 as stoploss in an intra day buy trade for a target of 236.76. However, stock will show a bearish move below 229.3.

Share price targets for Nmdc (NMDC)

Target Type	Value
Downside Target	152.75
Downside Target	179.90
Downside Target	183.50
Downside Target	196.60
Downside Target	212.65
Downside Target	217.40
Upside Target	234.55
Upside Target	237.50
Upside Target	239.20
Upside Target	247.05
Upside Target	250.40
Upside Target	252.40

Intraday share price targets for Nmdc (NMDC)

Target Type	Value
Downside Intraday Target	221.8
Downside Intraday Target	212.55
Upside Intraday Target	239.75
Upside Intraday Target	248.45
Downside Intraday Target	230.5

Weekly technical analysis of Nmdc (NMDC)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	231.05	238.15	239.20	221.25	2.688 times
23 Fri Feb 2024	238.30	245.80	250.40	231.30	0.673 times
16 Fri Feb 2024	244.35	240.75	252.40	223.30	1.427 times
09 Fri Feb 2024	241.50	240.00	247.05	233.75	1.037 times
02 Fri Feb 2024	235.55	219.55	237.50	217.40	1.221 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nmdc (NMDC)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	231.05	227.40	234.55	227.10	0.026 times
29 Thu Feb 2024	225.90	222.00	252.40	218.70	1.673 times
31 Wed Jan 2024	219.85	210.90	227.30	196.60	1.215 times
29 Fri Dec 2023	209.65	182.95	212.65	179.90	0.978 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nmdc (NMDC)

Price action analysis of Nmdc ( (NMDC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Nmdc ( (NMDC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nmdc ( (NMDC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nmdc ( (NMDC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Nmdc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Nmdc in short term but the sell signal is initial and weak.

Nmdc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Nmdc in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Nmdc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 229.85 and Nmdc (NMDC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Nmdc (NMDC) stock. Volume based technical analysis of Nmdc (NMDC) stock is negative.

Nmdc Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.