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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 2024-07-15 View latest technical analysis

10 day averaged volume of Nmdc Steel is 11944708

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	59.45	60.01	60.15	58.62	0.512 times
12 Fri Jul 2024	60.05	60.63	62.45	59.80	2.21 times
11 Thu Jul 2024	60.24	57.98	61.50	57.74	3.657 times
10 Wed Jul 2024	57.64	57.98	58.19	55.41	1.041 times
09 Tue Jul 2024	57.79	57.80	58.04	57.31	0.322 times
08 Mon Jul 2024	57.62	57.50	58.65	57.33	0.598 times
05 Fri Jul 2024	57.46	57.90	57.90	57.17	0.481 times
04 Thu Jul 2024	57.89	58.00	58.62	57.55	0.489 times
03 Wed Jul 2024	57.70	57.38	58.00	56.87	0.387 times
02 Tue Jul 2024	57.04	58.05	58.25	56.80	0.379 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.2, but if it comes below 59.2, then a intra day sell could be more profitable.
If you take a sell trade below 59.2, then use 59.2 as stoploss and 58.11 as target. However if you take a buy trade in stock , then use 59.2 as stoploss and 60.4 as target.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	50.55
Downside Target	51.90
Downside Target	55.15
Downside Target	58.10
Upside Target	60.15
Upside Target	60.36
Upside Target	62.45
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	58.66
Downside Intraday Target	57.88
Upside Intraday Target	60.19
Upside Intraday Target	60.94
Downside Intraday Target	59.41

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	59.45	60.01	60.15	58.62	0.065 times
12 Fri Jul 2024	60.05	57.50	62.45	55.41	3.606 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

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 Jul 2024	59.45	57.55	62.45	55.41	0.763 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 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 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 BUY. Signal strength is Weak and stock is losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 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 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 59.19 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.