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 2025-07-31 View latest technical analysis

10 day averaged volume of Newmalayalam Steel is 6560

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Jul 2025	29.05	27.90	29.05	27.90	0.488 times
30 Wed Jul 2025	27.90	28.00	28.00	27.90	0.488 times
29 Tue Jul 2025	28.50	26.60	28.50	26.60	0.488 times
28 Mon Jul 2025	27.50	27.50	27.50	27.50	0.244 times
25 Fri Jul 2025	27.60	27.40	27.65	27.40	1.463 times
24 Thu Jul 2025	28.20	28.45	28.45	28.20	1.22 times
23 Wed Jul 2025	29.25	30.45	30.45	29.25	0.488 times
22 Tue Jul 2025	29.80	28.40	30.00	28.40	2.927 times
21 Mon Jul 2025	29.10	29.20	29.20	29.10	0.976 times
18 Fri Jul 2025	29.00	29.00	29.00	29.00	0.488 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 29.3 as stoploss in an intra day sell trade for a target of 28.65. However, stock will show a bullish move above 29.3.

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	27.40
Downside Target	28.10
Upside Target	30.05
Upside Target	30.45
Upside Target	30.65
Upside Target	31.85
Upside Target	33.85
Upside Target	35.25

Intraday share price targets for Newmalayalam Steel (NMSTEEL_ST)

Target Type	Value
Downside Intraday Target	27.42
Downside Intraday Target	25.78
Upside Intraday Target	29.87
Upside Intraday Target	30.68
Downside Intraday Target	28.23

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Jul 2025	29.05	27.50	29.05	26.60	0.241 times
25 Fri Jul 2025	27.60	29.20	30.45	27.40	1.611 times
18 Fri Jul 2025	29.00	29.00	30.05	28.45	1.286 times
11 Fri Jul 2025	28.45	27.95	28.95	27.50	1 times
04 Fri Jul 2025	28.50	28.10	28.70	28.10	0.636 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_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Thu Jul 2025	29.05	28.65	30.45	26.60	0.35 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 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_ST) ) 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_ST) ) 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_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 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. Bears are weakening, and bulls are picking up momentum!

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

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 28.83 and Newmalayalam Steel (NMSTEEL_ST) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.