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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 2024-10-29 View latest technical analysis

10 day averaged volume of Nmdc Steel is 4217488

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	45.26	45.70	45.75	44.64	0.654 times
28 Mon Oct 2024	45.32	44.01	45.65	43.18	1.476 times
25 Fri Oct 2024	43.71	45.26	45.40	42.95	1.159 times
24 Thu Oct 2024	45.16	45.09	45.54	44.70	0.677 times
23 Wed Oct 2024	44.94	45.00	45.76	43.52	1.627 times
22 Tue Oct 2024	45.00	48.00	48.20	44.60	1.973 times
21 Mon Oct 2024	48.00	49.55	49.88	47.55	0.74 times
18 Fri Oct 2024	49.36	49.82	49.82	48.87	0.751 times
17 Thu Oct 2024	49.83	50.27	50.60	49.65	0.588 times
16 Wed Oct 2024	50.23	50.40	50.70	50.10	0.484 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.1, but if it comes above 46.1, then a intra day buy could be more profitable.
If you take a sell trade below 46.1, then use 46.1 as stoploss and 42.5 as target. However if you take a buy trade in stock , then use 46.1 as stoploss and 49.08 as target.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	42.95
Upside Target	45.75
Upside Target	48.87
Upside Target	51.18
Upside Target	53.20
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	43.71
Downside Intraday Target	42.16
Upside Intraday Target	46.28
Upside Intraday Target	47.3
Downside Intraday Target	44.73

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	45.26	44.01	45.75	43.18	0.345 times
25 Fri Oct 2024	43.71	49.55	49.88	42.95	2.18 times
18 Fri Oct 2024	49.36	51.43	51.92	48.87	0.633 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

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
29 Tue Oct 2024	45.26	54.00	54.87	42.95	0.713 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 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 SELL. Signal strength is Strong 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 buy signal for Nmdc Steel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 45.99 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.