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(NMSTEEL_ST) Newmalayalam Steel complete technical analysis [charts+indicators] | Buy/Sell Newmalayalam Steel | (NMSTEEL_ST) share price targets

Complete technical analysis of Newmalayalam Steel (NMSTEEL_ST) by charts plus indicators, forecast predictions and share price targets for Newmalayalam Steel (NMSTEEL_ST)

Showing technical analysis as on 2025-06-19 View latest technical analysis

10 day averaged volume of Newmalayalam Steel is 25600

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Jun 2025	30.30	30.30	30.30	30.30	0.125 times
18 Wed Jun 2025	30.90	30.90	30.90	30.90	0.063 times
17 Tue Jun 2025	31.30	31.30	31.30	31.30	0.063 times
16 Mon Jun 2025	31.90	31.90	31.90	31.90	0.063 times
13 Fri Jun 2025	32.55	32.55	32.55	32.55	0.313 times
11 Wed Jun 2025	33.20	33.20	33.20	33.20	0.313 times
10 Tue Jun 2025	33.85	33.85	33.85	33.85	1.563 times
09 Mon Jun 2025	32.25	32.25	32.25	32.25	0.75 times
06 Fri Jun 2025	30.75	30.70	30.75	30.70	0.688 times
05 Thu Jun 2025	29.30	29.10	29.30	29.10	0.75 times

My analysis of stock is bearish for shortterm, and stock might move down till 28.5 or till 26.3. Use a stoploss of 30.34 and if the stock hits stoploss, then it can shoot up till 32.19

Share price targets for Newmalayalam Steel (NMSTEEL_ST)

Target Type	Value
Downside Target	23.35
Downside Target	24.40
Downside Target	26.25
Downside Target	27.50
Downside Target	29.20
Downside Target	30.10
Upside Target	31.50
Upside Target	32.25
Upside Target	33.85
Upside Target	34.05
Upside Target	35.25
Upside Target	49.20

Intraday share price targets for Newmalayalam Steel (NMSTEEL_ST)

Target Type	Value
Downside Intraday Target	29.77
Downside Intraday Target	29.23
Upside Intraday Target	31.37
Upside Intraday Target	32.43
Upside Intraday Target	30.83

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Jun 2025	30.30	31.90	31.90	30.30	0.106 times
13 Fri Jun 2025	32.55	32.25	33.85	32.25	0.356 times
06 Fri Jun 2025	30.75	27.80	30.75	26.25	3.07 times
30 Fri May 2025	28.85	30.10	30.10	27.75	1.229 times
23 Fri May 2025	30.95	31.50	31.50	29.20	0.814 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_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Thu Jun 2025	30.30	27.80	33.85	26.25	1.235 times
30 Fri May 2025	28.85	28.40	31.85	27.50	0.401 times
30 Wed Apr 2025	27.85	24.45	30.65	24.40	0.508 times
28 Fri Mar 2025	23.35	33.85	35.25	23.35	3 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_ST)

Price action analysis of Newmalayalam Steel ( (NMSTEEL_ST) ) 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_ST) ) based on a short to mid 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_ST) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 and the buy signal is strong.

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 green color and prices are in or below the green 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 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 32.09 and Newmalayalam Steel (NMSTEEL_ST) 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_ST) stock. Volume based technical analysis of Newmalayalam Steel (NMSTEEL_ST) 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.