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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 2024-03-11 View latest technical analysis

10 day averaged volume of Nmdc is 29435015

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	228.85	235.00	237.50	228.30	0.502 times
07 Thu Mar 2024	238.80	238.50	243.80	237.25	0.51 times
06 Wed Mar 2024	240.95	242.95	245.20	235.60	0.446 times
05 Tue Mar 2024	242.65	239.90	243.50	239.05	0.474 times
04 Mon Mar 2024	240.05	236.50	241.90	233.85	0.563 times
02 Sat Mar 2024	234.70	232.00	234.95	231.80	0.045 times
01 Fri Mar 2024	231.05	227.40	234.55	227.10	0.523 times
29 Thu Feb 2024	225.90	224.00	229.60	221.25	5.566 times
28 Wed Feb 2024	223.05	227.00	229.40	222.00	0.653 times
27 Tue Feb 2024	225.05	229.50	231.30	222.40	0.709 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 228.8 as stoploss in an intra day buy trade for a target of 235.84. However, stock will show a bearish move below 228.8.

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	218.70
Upside Target	237.50
Upside Target	239.20
Upside Target	245.20
Upside Target	250.40
Upside Target	252.40

Intraday share price targets for Nmdc (NMDC)

Target Type	Value
Downside Intraday Target	225.6
Downside Intraday Target	222.35
Upside Intraday Target	234.8
Upside Intraday Target	240.75
Upside Intraday Target	231.55

Weekly technical analysis of Nmdc (NMDC)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	228.85	235.00	237.50	228.30	0.252 times
07 Thu Mar 2024	238.80	236.50	245.20	233.85	0.249 times
02 Sat Mar 2024	234.70	238.15	239.20	221.25	2.704 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

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

Monthly technical analysis of Nmdc (NMDC)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	228.85	227.40	245.20	227.10	0.155 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Strong and stock is gaining momentum.

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

Nmdc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Nmdc in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 229.03 and Nmdc (NMDC) stock is trading below this level. This means that stock is falling with high volumes. 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.