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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 2025-11-13 View latest technical analysis

10 day averaged volume of Newmalayalam Steel is 9920

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Nov 2025	32.00	31.50	32.00	30.15	0.484 times
12 Wed Nov 2025	32.10	34.00	34.00	31.50	1.452 times
11 Tue Nov 2025	31.00	29.60	31.00	29.60	0.323 times
10 Mon Nov 2025	29.60	32.00	32.00	29.60	0.645 times
06 Thu Nov 2025	30.90	31.60	31.95	30.20	0.968 times
04 Tue Nov 2025	30.55	30.55	30.55	30.55	0.161 times
03 Mon Nov 2025	32.40	32.40	32.40	32.40	0.161 times
31 Fri Oct 2025	32.40	27.80	33.00	27.80	3.548 times
30 Thu Oct 2025	30.50	30.15	31.00	28.85	1.613 times
29 Wed Oct 2025	30.10	30.50	30.50	30.10	0.484 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 32.4 as stoploss in an intra day sell trade for a target of 31.35. However, stock will show a bullish move above 32.4.

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
Downside Target	31.80
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	27.47
Upside Intraday Target	34.13
Upside Intraday Target	36.27
Downside Intraday Target	31.87

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Nov 2025	32.00	32.00	34.00	29.60	2.25 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Newmalayalam Steel (NMSTEEL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Thu Nov 2025	32.00	32.40	34.00	29.60	0.313 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Newmalayalam Steel ( (NMSTEEL_SM) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Newmalayalam Steel stock for short term is BUY. 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 stronger in this stock.

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

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 31.5 and Newmalayalam Steel (NMSTEEL_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.