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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 2025-12-01 View latest technical analysis

10 day averaged volume of Newmalayalam Steel is 18400

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Dec 2025	35.20	33.80	35.50	33.00	3.913 times
28 Fri Nov 2025	33.60	29.85	34.00	28.55	5.913 times
26 Wed Nov 2025	29.20	28.50	29.40	28.50	1.13 times
25 Tue Nov 2025	28.80	29.00	29.00	28.75	0.435 times
24 Mon Nov 2025	30.00	30.00	30.00	30.00	0.087 times
20 Thu Nov 2025	29.50	31.75	31.75	29.50	0.348 times
19 Wed Nov 2025	29.70	29.80	29.80	29.70	0.348 times
18 Tue Nov 2025	29.50	30.35	30.35	29.50	0.348 times
14 Fri Nov 2025	30.35	31.75	31.75	30.25	0.348 times
13 Thu Nov 2025	32.00	31.50	32.00	30.15	0.261 times

Stock of Newmalayalam Steel (NMSTEEL_SM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 34.4, for a target of 32.5 or 30.89

Share price targets for Newmalayalam Steel (NMSTEEL_SM)

Target Type	Value
Downside Target	26.35
Downside Target	27.80
Downside Target	28.50
Downside Target	29.50
Downside Target	30.20
Downside Target	31.75
Downside Target	32.40
Downside Target	34.00
Upside Target	35.50
Upside Target	37.50
Upside Target	39.15

Intraday share price targets for Newmalayalam Steel (NMSTEEL_SM)

Target Type	Value
Downside Intraday Target	33.63
Downside Intraday Target	32.07
Upside Intraday Target	36.13
Upside Intraday Target	37.07
Downside Intraday Target	34.57

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Dec 2025	35.20	33.80	35.50	33.00	0.517 times
28 Fri Nov 2025	33.60	30.00	34.00	28.50	7.25 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

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
01 Mon Dec 2025	35.20	33.80	35.50	33.00	0.349 times
28 Fri Nov 2025	33.60	32.40	34.00	28.50	1.554 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 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 BUY. Signal strength is Strong 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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 33.08 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.