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

(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 2024-07-16 View latest technical analysis

10 day averaged volume of Nmdc Steel is 12036901

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	58.80	59.64	61.50	58.41	1.081 times
15 Mon Jul 2024	59.45	60.01	60.15	58.62	0.508 times
12 Fri Jul 2024	60.05	60.63	62.45	59.80	2.194 times
11 Thu Jul 2024	60.24	57.98	61.50	57.74	3.629 times
10 Wed Jul 2024	57.64	57.98	58.19	55.41	1.033 times
09 Tue Jul 2024	57.79	57.80	58.04	57.31	0.319 times
08 Mon Jul 2024	57.62	57.50	58.65	57.33	0.594 times
05 Fri Jul 2024	57.46	57.90	57.90	57.17	0.478 times
04 Thu Jul 2024	57.89	58.00	58.62	57.55	0.485 times
03 Wed Jul 2024	57.70	57.38	58.00	56.87	0.384 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 59.1 as stoploss in an intra day sell trade for a target of 58.08. However, stock will show a bullish move above 59.1.

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	60.36
Upside Target	61.50
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	57.64
Downside Intraday Target	56.48
Upside Intraday Target	60.73
Upside Intraday Target	62.66
Upside Intraday Target	59.57

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	58.80	60.01	61.50	58.41	0.205 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
16 Tue Jul 2024	58.80	57.55	62.45	55.41	0.842 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Nmdc 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 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 59.23 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 negative.

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