Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-07-01 View latest technical analysis

10 day averaged volume of Newmalayalam Steel is 5920

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Jul 2025	28.65	28.65	28.65	28.65	0.27 times
30 Mon Jun 2025	28.10	28.10	28.10	28.10	1.622 times
27 Fri Jun 2025	28.65	28.65	28.65	28.65	0.27 times
26 Thu Jun 2025	29.10	29.65	29.65	29.10	1.351 times
25 Wed Jun 2025	29.10	28.30	29.10	28.25	1.351 times
24 Tue Jun 2025	28.55	29.00	29.00	28.55	1.081 times
23 Mon Jun 2025	29.10	29.10	29.10	29.10	1.892 times
20 Fri Jun 2025	29.70	29.70	29.70	29.70	1.351 times
19 Thu Jun 2025	30.30	30.30	30.30	30.30	0.541 times
18 Wed Jun 2025	30.90	30.90	30.90	30.90	0.27 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 28.2 as stoploss in an intra day buy trade for a target of 30.09. However, stock will show a bearish move below 28.2.

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	28.10
Upside Target	29.65
Upside Target	30.65
Upside Target	31.85
Upside Target	31.90
Upside Target	32.25
Upside Target	33.85
Upside Target	35.25

Intraday share price targets for Newmalayalam Steel (NMSTEEL_ST)

Target Type	Value
Downside Intraday Target	28.28
Downside Intraday Target	27.92
Upside Intraday Target	28.83
Upside Intraday Target	29.02
Downside Intraday Target	28.47

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Jul 2025	28.65	28.10	28.65	28.10	0.318 times
27 Fri Jun 2025	28.65	29.10	29.65	28.25	2.2 times
20 Fri Jun 2025	29.70	31.90	31.90	29.70	0.213 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

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
01 Tue Jul 2025	28.65	28.65	28.65	28.65	0.005 times
30 Mon Jun 2025	28.10	27.80	33.85	26.25	1.456 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

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 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_ST) ) 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_ST) ) based on a short to mid 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_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 Strong and stock is losing momentum.

MACD generated a SELL signal for Newmalayalam Steel in short term and the sell signal is strong.

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 buy signal for Newmalayalam Steel in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 29.05 and Newmalayalam Steel (NMSTEEL_ST) 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_ST) stock. Volume based technical analysis of Newmalayalam Steel (NMSTEEL_ST) 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.