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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 2024-10-14 View latest technical analysis

10 day averaged volume of Nmdc Steel is 6590091

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	50.86	51.43	51.92	50.77	0.31 times
11 Fri Oct 2024	51.37	50.90	51.65	50.75	0.413 times
10 Thu Oct 2024	50.91	50.95	51.70	50.69	0.501 times
09 Wed Oct 2024	50.72	51.15	51.60	50.61	0.394 times
08 Tue Oct 2024	50.92	50.90	51.50	49.92	0.606 times
07 Mon Oct 2024	51.13	51.68	52.09	49.75	0.95 times
04 Fri Oct 2024	51.69	52.42	52.78	51.18	0.565 times
03 Thu Oct 2024	52.58	52.61	53.57	52.45	0.768 times
01 Tue Oct 2024	54.19	54.00	54.87	52.92	1.118 times
30 Mon Sep 2024	53.95	53.45	55.21	53.26	2.848 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 50.8 as stoploss in an intra day buy trade for a target of 51.87. However, stock will show a bearish move below 50.8.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	49.75
Upside Target	53.20
Upside Target	53.75
Upside Target	54.25
Upside Target	54.34
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	50.45
Downside Intraday Target	50.03
Upside Intraday Target	51.6
Upside Intraday Target	52.33
Upside Intraday Target	51.18

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	50.86	51.43	51.92	50.77	0.108 times
11 Fri Oct 2024	51.37	51.68	52.09	49.75	0.541 times
04 Fri Oct 2024	51.69	53.45	55.21	51.18	0.958 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

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
14 Mon Oct 2024	50.86	54.00	54.87	49.75	0.322 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 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Nmdc Steel in short term and the sell signal is strong.

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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nmdc Steel in short term and SELL 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

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 52.6 and Nmdc Steel (NSLNISP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.