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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 2024-09-04 View latest technical analysis

10 day averaged volume of Nmdc Steel is 3353649

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	54.90	53.00	55.50	52.91	4.442 times
03 Tue Sep 2024	53.18	53.12	53.74	53.06	0.566 times
02 Mon Sep 2024	53.26	53.70	53.79	53.11	0.64 times
30 Fri Aug 2024	53.64	54.48	54.58	53.23	1.129 times
29 Thu Aug 2024	54.26	54.38	54.80	53.90	0.937 times
28 Wed Aug 2024	54.39	54.80	55.60	54.01	1.067 times
27 Tue Aug 2024	54.84	55.42	55.57	54.69	1.004 times
26 Mon Aug 2024	55.61	55.14	56.25	54.34	2.101 times
23 Fri Aug 2024	54.75	55.18	55.28	54.59	0.759 times
22 Thu Aug 2024	55.17	55.19	55.70	55.10	1.087 times

Stock of Nmdc Steel (NSLNISP) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 55.4 or till 56.4. Use a stoploss of 54.6 and if this stock hits its stoploss, then it can fall down till 53.78

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	51.90
Upside Target	55.50
Upside Target	55.99
Upside Target	56.25
Upside Target	56.89
Upside Target	58.25
Upside Target	59.59
Upside Target	62.45
Upside Target	64.20
Upside Target	67.40

Intraday share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Intraday Target	53.37
Downside Intraday Target	51.85
Upside Intraday Target	55.96
Upside Intraday Target	57.03
Downside Intraday Target	54.44

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	54.90	53.70	55.50	52.91	0.906 times
30 Fri Aug 2024	53.64	55.14	56.25	53.23	1.136 times
23 Fri Aug 2024	54.75	55.90	55.99	54.59	1.043 times
16 Fri Aug 2024	53.80	54.80	55.37	53.20	0.609 times
09 Fri Aug 2024	54.81	55.15	56.89	53.75	1.027 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
04 Wed Sep 2024	54.90	53.70	55.50	52.91	0.191 times
30 Fri Aug 2024	53.64	58.60	59.59	53.20	0.516 times
31 Wed Jul 2024	58.24	57.55	62.45	54.34	1.166 times
28 Fri Jun 2024	56.70	63.60	64.20	51.90	0.666 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Nmdc Steel ( (NSLNISP) ) based on a short 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Nmdc Steel in short term but BUY 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

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 54.68 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 has given negative 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.