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 2024-10-03 View latest technical analysis

10 day averaged volume of Nmdc Steel is 7384581

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	52.58	52.61	53.57	52.45	0.685 times
01 Tue Oct 2024	54.19	54.00	54.87	52.92	0.998 times
30 Mon Sep 2024	53.95	53.45	55.21	53.26	2.542 times
27 Fri Sep 2024	52.84	51.95	53.64	51.89	1.639 times
26 Thu Sep 2024	51.58	51.65	51.80	50.91	0.942 times
25 Wed Sep 2024	51.32	52.99	53.12	51.01	0.651 times
24 Tue Sep 2024	52.86	52.35	53.75	52.09	1.252 times
23 Mon Sep 2024	52.01	50.61	52.22	50.61	0.455 times
20 Fri Sep 2024	50.58	50.68	51.38	50.45	0.421 times
19 Thu Sep 2024	50.44	52.15	52.42	49.90	0.741 times

My analysis of stock is bearish for shortterm, and stock might move down till 51.5 or till 50.2. Use a stoploss of 52.59 and if the stock hits stoploss, then it can shoot up till 53.67

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	51.62
Downside Intraday Target	50.65
Upside Intraday Target	54.38
Upside Intraday Target	56.17
Upside Intraday Target	53.41

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	52.58	53.45	55.21	52.45	0.855 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 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
03 Thu Oct 2024	52.58	54.00	54.87	52.45	0.108 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 down 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 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 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 below 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 SELL signal in short term and selling is picking up 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 52.72 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.