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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 2025-11-24 View latest technical analysis

10 day averaged volume of Newmalayalam Steel is 6560

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Nov 2025	30.00	30.00	30.00	30.00	0.244 times
20 Thu Nov 2025	29.50	31.75	31.75	29.50	0.976 times
19 Wed Nov 2025	29.70	29.80	29.80	29.70	0.976 times
18 Tue Nov 2025	29.50	30.35	30.35	29.50	0.976 times
14 Fri Nov 2025	30.35	31.75	31.75	30.25	0.976 times
13 Thu Nov 2025	32.00	31.50	32.00	30.15	0.732 times
12 Wed Nov 2025	32.10	34.00	34.00	31.50	2.195 times
11 Tue Nov 2025	31.00	29.60	31.00	29.60	0.488 times
10 Mon Nov 2025	29.60	32.00	32.00	29.60	0.976 times
06 Thu Nov 2025	30.90	31.60	31.95	30.20	1.463 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 29.9 as stoploss in an intra day buy trade for a target of 30.89. However, stock will show a bearish move below 29.9.

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	31.75
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	30
Downside Intraday Target	30
Downside Intraday Target	30
Downside Intraday Target	30
Downside Intraday Target	30

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Nov 2025	30.00	30.00	30.00	30.00	0.083 times
20 Thu Nov 2025	29.50	30.35	31.75	29.50	0.545 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

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
24 Mon Nov 2025	30.00	32.40	34.00	29.50	0.518 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Newmalayalam Steel ( (NMSTEEL_SM) ) 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 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 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 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 red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 30.66 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.