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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 2025-11-18 View latest technical analysis

10 day averaged volume of Newmalayalam Steel is 9920

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Nov 2025	29.50	30.35	30.35	29.50	0.645 times
14 Fri Nov 2025	30.35	31.75	31.75	30.25	0.645 times
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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.2, but if it comes above 30.2, then a intra day buy could be more profitable.
If you take a sell trade below 30.2, then use 30.2 as stoploss and 29 as target. However if you take a buy trade in stock , then use 30.2 as stoploss and 31.31 as target.

Share price targets for Newmalayalam Steel (NMSTEEL_SM)

Target Type	Value
Downside Target	26.35
Downside Target	27.80
Downside Target	29.50
Upside Target	30.20
Upside Target	32.40
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	29.22
Downside Intraday Target	28.93
Upside Intraday Target	30.07
Upside Intraday Target	30.63
Upside Intraday Target	29.78

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Nov 2025	29.50	30.35	30.35	29.50	0.182 times
14 Fri Nov 2025	30.35	32.00	34.00	29.60	2.75 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

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
18 Tue Nov 2025	29.50	32.40	34.00	29.50	0.41 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 neutral. A longer time frame might give a better analysis.

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

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.

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. Bears are getting stronger in this stock.

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

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

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 31.53 and Newmalayalam Steel (NMSTEEL_SM) stock is trading below this level. This means that stock is falling with high volumes. 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 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.