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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 2025-11-11 View latest technical analysis

10 day averaged volume of Newmalayalam Steel is 9280

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Nov 2025	31.00	29.60	31.00	29.60	0.345 times
10 Mon Nov 2025	29.60	32.00	32.00	29.60	0.69 times
06 Thu Nov 2025	30.90	31.60	31.95	30.20	1.034 times
04 Tue Nov 2025	30.55	30.55	30.55	30.55	0.172 times
03 Mon Nov 2025	32.40	32.40	32.40	32.40	0.172 times
31 Fri Oct 2025	32.40	27.80	33.00	27.80	3.793 times
30 Thu Oct 2025	30.50	30.15	31.00	28.85	1.724 times
29 Wed Oct 2025	30.10	30.50	30.50	30.10	0.517 times
28 Tue Oct 2025	30.30	31.00	32.00	30.30	0.69 times
27 Mon Oct 2025	31.95	31.00	31.95	31.00	0.517 times

My analysis of stock is bearish for shortterm, and stock might move down till 30.3 or till 29.1. Use a stoploss of 31.28 and if the stock hits stoploss, then it can shoot up till 32.27

Share price targets for Newmalayalam Steel (NMSTEEL_SM)

Target Type	Value
Downside Target	26.35
Downside Target	27.80
Downside Target	29.60
Downside Target	30.20
Upside Target	31.80
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	29.73
Downside Intraday Target	28.47
Upside Intraday Target	32.13
Upside Intraday Target	33.27
Downside Intraday Target	30.87

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Nov 2025	31.00	32.00	32.00	29.60	0.75 times
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

Price has moved up 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
11 Tue Nov 2025	31.00	32.40	32.40	29.60	0.169 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Newmalayalam Steel ( (NMSTEEL_SM) ) 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 Newmalayalam Steel stock for short term is SELL. Signal strength is Weak and stock is gaining 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 stronger in this stock.

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 but selling is losing 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 Newmalayalam Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.32 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 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.