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

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

Showing technical analysis as on 2024-04-15 View latest technical analysis

10 day averaged volume of Nmdc Steel is 21445462

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	62.30	60.25	64.40	59.90	1.836 times
12 Fri Apr 2024	63.90	65.80	67.90	63.45	2.027 times
10 Wed Apr 2024	65.85	61.00	66.45	60.90	3.344 times
09 Tue Apr 2024	60.75	61.60	62.15	60.25	0.487 times
08 Mon Apr 2024	61.35	62.15	63.30	60.90	0.399 times
05 Fri Apr 2024	61.85	61.80	62.90	61.00	0.372 times
04 Thu Apr 2024	61.80	62.35	62.90	60.90	0.39 times
03 Wed Apr 2024	62.00	62.00	63.50	61.50	0.609 times
02 Tue Apr 2024	62.05	60.85	63.00	59.45	0.93 times
01 Mon Apr 2024	60.95	55.15	61.90	55.15	1.113 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 62.5 as stoploss in an intra day sell trade for a target of 58.61. However, stock will show a bullish move above 62.5.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	43.60
Downside Target	46.90
Downside Target	50.55
Downside Target	52.85
Downside Target	54.40
Downside Target	56.95
Downside Target	59.90
Upside Target	63.50
Upside Target	64.40
Upside Target	64.60
Upside Target	67.90
Upside Target	70.90
Upside Target	73.70

Intraday share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Intraday Target	60
Downside Intraday Target	57.7
Upside Intraday Target	64.5
Upside Intraday Target	66.7
Downside Intraday Target	62.2

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	62.30	60.25	64.40	59.90	0.293 times
12 Fri Apr 2024	63.90	62.15	67.90	60.25	1.834 times
05 Fri Apr 2024	61.85	55.15	63.50	55.15	2.911 times
28 Thu Mar 2024	54.70	56.40	57.30	54.40	0.389 times
22 Fri Mar 2024	56.40	54.50	56.95	52.85	0.739 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 Nmdc Steel (NSLNISP)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	62.30	55.15	67.90	55.15	0.967 times
28 Thu Mar 2024	54.70	61.70	64.60	50.55	0.564 times
29 Thu Feb 2024	61.40	70.00	73.70	57.00	1.198 times
31 Wed Jan 2024	69.65	51.50	70.90	46.90	1.987 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 Nmdc Steel (NSLNISP)

Price action analysis of Nmdc Steel ( (NSLNISP) ) 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 Nmdc Steel ( (NSLNISP) ) 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 Nmdc Steel ( (NSLNISP) ) based on a mid to longer 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.

ADX buy sell signal for Nmdc Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Nmdc Steel in short term and the buy signal is strong.

Nmdc Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Nmdc Steel in short term but SELL 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 Nmdc 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 63.32 and Nmdc Steel (NSLNISP) 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 Nmdc Steel (NSLNISP) stock. Volume based technical analysis of Nmdc Steel (NSLNISP) stock is negative.

Nmdc 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.