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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 2024-03-13 View latest technical analysis

10 day averaged volume of Nmdc is 28895795

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	205.45	223.00	224.15	203.40	0.768 times
12 Tue Mar 2024	223.50	229.00	230.95	221.05	0.545 times
11 Mon Mar 2024	228.85	235.00	237.50	228.30	0.511 times
07 Thu Mar 2024	238.80	238.50	243.80	237.25	0.52 times
06 Wed Mar 2024	240.95	242.95	245.20	235.60	0.455 times
05 Tue Mar 2024	242.65	239.90	243.50	239.05	0.483 times
04 Mon Mar 2024	240.05	236.50	241.90	233.85	0.573 times
02 Sat Mar 2024	234.70	232.00	234.95	231.80	0.046 times
01 Fri Mar 2024	231.05	227.40	234.55	227.10	0.532 times
29 Thu Feb 2024	225.90	224.00	229.60	221.25	5.67 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 212.6, for a target of 224.3 or 234.17

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	203.40
Upside Target	212.65
Upside Target	218.70
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	193.4
Downside Intraday Target	181.35
Upside Intraday Target	227.5
Upside Intraday Target	249.55
Upside Intraday Target	215.45

Weekly technical analysis of Nmdc (NMDC)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	205.45	235.00	237.50	203.40	0.899 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
13 Wed Mar 2024	205.45	227.40	245.20	203.40	0.22 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 down 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 227.62 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 negative.

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