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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 2024-07-10 View latest technical analysis

10 day averaged volume of Nmdc Steel is 5071075

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	57.64	57.98	58.19	55.41	2.453 times
09 Tue Jul 2024	57.79	57.80	58.04	57.31	0.758 times
08 Mon Jul 2024	57.62	57.50	58.65	57.33	1.409 times
05 Fri Jul 2024	57.46	57.90	57.90	57.17	1.134 times
04 Thu Jul 2024	57.89	58.00	58.62	57.55	1.151 times
03 Wed Jul 2024	57.70	57.38	58.00	56.87	0.911 times
02 Tue Jul 2024	57.04	58.05	58.25	56.80	0.893 times
01 Mon Jul 2024	57.66	57.55	57.98	56.84	1.024 times
28 Fri Jun 2024	56.70	56.80	57.65	56.37	0.866 times
27 Thu Jun 2024	56.47	57.05	58.05	56.21	1.07 times

Stock of Nmdc Steel (NSLNISP) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 57.1 or till 55.8. Use a stoploss of 58.09 and if the stock hits stoploss, then it can shoot up till 59.11

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	50.55
Downside Target	51.90
Downside Target	55.15
Upside Target	58.10
Upside Target	58.85
Upside Target	59.12
Upside Target	60.36
Upside Target	61.25
Upside Target	64.20
Upside Target	64.60
Upside Target	67.40
Upside Target	68.95

Intraday share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Intraday Target	55.82
Downside Intraday Target	53.99
Upside Intraday Target	59.06
Upside Intraday Target	60.47
Downside Intraday Target	57.23

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	57.64	57.50	58.65	55.41	0.903 times
05 Fri Jul 2024	57.46	57.55	58.62	56.80	1.057 times
28 Fri Jun 2024	56.70	58.50	58.85	56.21	0.753 times
21 Fri Jun 2024	58.62	60.00	60.36	58.10	0.85 times
14 Fri Jun 2024	59.64	60.90	61.25	59.12	0.555 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 Nmdc Steel (NSLNISP)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	57.64	57.55	58.65	55.41	0.3 times
28 Fri Jun 2024	56.70	63.60	64.20	51.90	0.666 times
31 Fri May 2024	60.10	64.50	67.40	58.25	0.432 times
30 Tue Apr 2024	64.50	55.15	68.95	55.15	2.238 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

ADX buy sell signal for Nmdc Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nmdc 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.

Nmdc 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nmdc Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Nmdc 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 57.44 and Nmdc Steel (NSLNISP) 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 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 negative.

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