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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 2024-11-06 View latest technical analysis

10 day averaged volume of Nmdc Steel is 3628199

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	49.63	48.20	49.92	47.80	1.183 times
05 Tue Nov 2024	47.92	47.03	48.34	46.80	0.978 times
04 Mon Nov 2024	46.97	48.17	48.50	46.75	0.526 times
01 Fri Nov 2024	48.23	47.87	48.55	46.85	0.266 times
31 Thu Oct 2024	47.49	46.38	47.72	45.81	0.832 times
30 Wed Oct 2024	46.23	45.25	46.75	45.01	0.898 times
29 Tue Oct 2024	45.26	45.70	45.75	44.64	0.76 times
28 Mon Oct 2024	45.32	44.01	45.65	43.18	1.716 times
25 Fri Oct 2024	43.71	45.26	45.40	42.95	1.347 times
24 Thu Oct 2024	45.16	45.09	45.54	44.70	0.787 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 50.2 as stoploss in an intra day sell trade for a target of 47.85. However, stock will show a bullish move above 50.2.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	42.95
Downside Target	46.75
Downside Target	48.55
Upside Target	51.92
Upside Target	52.09
Upside Target	53.20
Upside Target	54.34
Upside Target	54.87
Upside Target	55.50
Upside Target	59.59
Upside Target	62.45

Intraday share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Intraday Target	47.61
Downside Intraday Target	45.6
Upside Intraday Target	50.78
Upside Intraday Target	51.94
Downside Intraday Target	48.77

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	49.63	48.17	49.92	46.75	0.601 times
01 Fri Nov 2024	48.23	44.01	48.55	43.18	0.623 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

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
06 Wed Nov 2024	49.63	47.87	49.92	46.75	0.121 times
31 Thu Oct 2024	47.49	54.00	54.87	42.95	0.768 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

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 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 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 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 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 buy signal for Nmdc Steel in short term and BUY 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

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 46.35 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.