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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 2024-10-30 View latest technical analysis

10 day averaged volume of Nmdc Steel is 4271887

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	46.23	45.25	46.75	45.01	0.762 times
29 Tue Oct 2024	45.26	45.70	45.75	44.64	0.645 times
28 Mon Oct 2024	45.32	44.01	45.65	43.18	1.457 times
25 Fri Oct 2024	43.71	45.26	45.40	42.95	1.144 times
24 Thu Oct 2024	45.16	45.09	45.54	44.70	0.669 times
23 Wed Oct 2024	44.94	45.00	45.76	43.52	1.606 times
22 Tue Oct 2024	45.00	48.00	48.20	44.60	1.948 times
21 Mon Oct 2024	48.00	49.55	49.88	47.55	0.731 times
18 Fri Oct 2024	49.36	49.82	49.82	48.87	0.741 times
17 Thu Oct 2024	49.83	50.27	50.60	49.65	0.581 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 45.9 as stoploss in an intra day buy trade for a target of 48.69. However, stock will show a bearish move below 45.9.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	42.95
Upside Target	46.75
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	44.02
Downside Intraday Target	41.82
Upside Intraday Target	47.59
Upside Intraday Target	48.96
Downside Intraday Target	45.39

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	46.23	44.01	46.75	43.18	0.47 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
30 Wed Oct 2024	46.23	54.00	54.87	42.95	0.741 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 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 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 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.

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. 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 moving up

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

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 45.81 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 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.