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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 2024-10-01 View latest technical analysis

10 day averaged volume of Nmdc Steel is 6922414

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	54.19	54.00	54.87	52.92	1.064 times
30 Mon Sep 2024	53.95	53.45	55.21	53.26	2.712 times
27 Fri Sep 2024	52.84	51.95	53.64	51.89	1.748 times
26 Thu Sep 2024	51.58	51.65	51.80	50.91	1.005 times
25 Wed Sep 2024	51.32	52.99	53.12	51.01	0.694 times
24 Tue Sep 2024	52.86	52.35	53.75	52.09	1.336 times
23 Mon Sep 2024	52.01	50.61	52.22	50.61	0.485 times
20 Fri Sep 2024	50.58	50.68	51.38	50.45	0.449 times
19 Thu Sep 2024	50.44	52.15	52.42	49.90	0.79 times
18 Wed Sep 2024	51.89	52.41	52.65	51.80	0.384 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.9, but if it comes below 53.9, then a intra day sell could be more profitable.
If you take a sell trade below 53.9, then use 53.9 as stoploss and 52.71 as target. However if you take a buy trade in stock , then use 53.9 as stoploss and 55.3 as target.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	49.90
Downside Target	51.90
Upside Target	54.34
Upside Target	54.40
Upside Target	54.87
Upside Target	55.21
Upside Target	55.50
Upside Target	59.59
Upside Target	62.45
Upside Target	64.20

Intraday share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Intraday Target	53
Downside Intraday Target	51.82
Upside Intraday Target	55.29
Upside Intraday Target	56.4
Downside Intraday Target	54.11

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	54.19	53.45	55.21	52.92	0.717 times
27 Fri Sep 2024	52.84	50.61	53.75	50.61	2.144 times
20 Fri Sep 2024	50.58	54.25	54.25	49.90	0.99 times
13 Fri Sep 2024	53.51	53.50	54.40	51.91	0.672 times
06 Fri Sep 2024	53.41	53.70	55.50	52.91	1.223 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
01 Tue Oct 2024	54.19	54.00	54.87	52.92	0.064 times
30 Mon Sep 2024	53.95	53.70	55.50	49.90	1.16 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

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 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 52.7 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.