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(NMSTEEL_SM) Newmalayalam Steel complete technical analysis [charts+indicators] | Buy/Sell Newmalayalam Steel | (NMSTEEL_SM) share price targets

Complete technical analysis of Newmalayalam Steel (NMSTEEL_SM) by charts plus indicators, forecast predictions and share price targets for Newmalayalam Steel (NMSTEEL_SM)

Showing technical analysis as on 2025-11-06 View latest technical analysis

10 day averaged volume of Newmalayalam Steel is 8320

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Nov 2025	30.90	31.60	31.95	30.20	1.154 times
04 Tue Nov 2025	30.55	30.55	30.55	30.55	0.192 times
03 Mon Nov 2025	32.40	32.40	32.40	32.40	0.192 times
31 Fri Oct 2025	32.40	27.80	33.00	27.80	4.231 times
30 Thu Oct 2025	30.50	30.15	31.00	28.85	1.923 times
29 Wed Oct 2025	30.10	30.50	30.50	30.10	0.577 times
28 Tue Oct 2025	30.30	31.00	32.00	30.30	0.769 times
27 Mon Oct 2025	31.95	31.00	31.95	31.00	0.577 times
24 Fri Oct 2025	32.60	33.00	33.00	32.25	0.769 times
16 Thu Oct 2025	31.50	31.50	31.50	31.50	0.192 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 30.5 as stoploss in an intra day buy trade for a target of 31.4. However, stock will show a bearish move below 30.5.

Share price targets for Newmalayalam Steel (NMSTEEL_SM)

Target Type	Value
Downside Target	26.35
Downside Target	27.80
Downside Target	30.00
Upside Target	31.80
Upside Target	32.40
Upside Target	33.00
Upside Target	34.00
Upside Target	37.50
Upside Target	39.15
Upside Target	44.50
Upside Target	64.15

Intraday share price targets for Newmalayalam Steel (NMSTEEL_SM)

Target Type	Value
Downside Intraday Target	29.93
Downside Intraday Target	28.97
Upside Intraday Target	32.13
Upside Intraday Target	33.37
Upside Intraday Target	31.17

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Nov 2025	30.90	32.40	32.40	30.20	0.19 times
31 Fri Oct 2025	32.40	31.00	33.00	27.80	1.5 times
24 Fri Oct 2025	32.60	32.00	34.00	30.75	9.333 times
09 Thu Oct 2025	31.80	30.40	31.80	30.40	0.2 times
03 Fri Oct 2025	30.40	32.05	32.05	30.00	0.682 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 Newmalayalam Steel (NMSTEEL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Nov 2025	30.90	32.40	32.40	30.20	0.096 times
31 Fri Oct 2025	32.40	31.95	34.00	27.80	0.405 times
30 Tue Sep 2025	31.95	32.10	39.15	30.25	0.686 times
29 Fri Aug 2025	32.10	29.10	37.50	26.35	0.562 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 Newmalayalam Steel (NMSTEEL_SM)

Price action analysis of Newmalayalam Steel ( (NMSTEEL_SM) ) based on a short 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.

Price action analysis of Newmalayalam Steel ( (NMSTEEL_SM) ) based on a short to mid 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.

Price action analysis of Newmalayalam Steel ( (NMSTEEL_SM) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a BUY signal for Newmalayalam Steel in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Newmalayalam Steel 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 red color and prices are in or above the red cloud Prices appear to be moving up

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

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

Stock of Newmalayalam Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.55 and Newmalayalam Steel (NMSTEEL_SM) 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 Newmalayalam Steel (NMSTEEL_SM) stock. Volume based technical analysis of Newmalayalam Steel (NMSTEEL_SM) stock is negative.

Newmalayalam Steel Stock is giving positive 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.