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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 2024-11-19 View latest technical analysis

10 day averaged volume of Nmdc Steel is 3418545

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	44.02	44.27	44.92	43.90	0.572 times
18 Mon Nov 2024	43.97	44.01	44.89	43.06	1.089 times
14 Thu Nov 2024	43.86	44.40	44.68	43.58	0.824 times
13 Wed Nov 2024	43.92	44.01	45.09	43.60	1.681 times
12 Tue Nov 2024	46.15	47.10	47.65	46.00	0.636 times
11 Mon Nov 2024	46.95	47.84	47.84	46.60	0.641 times
08 Fri Nov 2024	47.91	50.00	50.05	47.57	1.076 times
07 Thu Nov 2024	50.08	49.90	50.39	49.26	1.202 times
06 Wed Nov 2024	49.63	48.20	49.92	47.80	1.256 times
05 Tue Nov 2024	47.92	47.03	48.34	46.80	1.038 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 44.2, but if it comes above 44.2, then a intra day buy could be more profitable.
If you take a sell trade below 44.2, then use 44.2 as stoploss and 42 as target. However if you take a buy trade in stock , then use 44.2 as stoploss and 46.14 as target.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	42.95
Upside Target	44.92
Upside Target	46.75
Upside Target	47.84
Upside Target	49.88
Upside Target	50.39
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	43.08
Downside Intraday Target	42.14
Upside Intraday Target	44.94
Upside Intraday Target	45.86
Downside Intraday Target	44

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	44.02	44.01	44.92	43.06	0.439 times
14 Thu Nov 2024	43.86	47.84	47.84	43.58	0.737 times
08 Fri Nov 2024	47.91	48.17	50.39	46.75	1.081 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

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
19 Tue Nov 2024	44.02	47.87	50.39	43.06	0.42 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 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 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 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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 46.56 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.