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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 2024-12-05 View latest technical analysis

10 day averaged volume of Nmdc Steel is 5733191

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	48.04	48.49	48.49	47.55	0.457 times
04 Wed Dec 2024	48.24	48.51	48.75	48.01	0.718 times
03 Tue Dec 2024	48.25	45.80	49.50	45.64	5.203 times
02 Mon Dec 2024	45.77	45.75	45.94	45.49	0.277 times
29 Fri Nov 2024	45.98	46.25	46.40	45.72	0.29 times
28 Thu Nov 2024	45.97	45.35	47.14	45.35	0.471 times
27 Wed Nov 2024	45.95	44.96	46.18	44.70	0.62 times
26 Tue Nov 2024	44.87	44.40	45.15	44.24	0.405 times
25 Mon Nov 2024	44.26	45.33	45.60	44.05	0.548 times
22 Fri Nov 2024	44.65	45.00	45.15	44.39	0.334 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 48.1 as stoploss in an intra day sell trade for a target of 46.16. However, stock will show a bullish move above 48.1.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	42.95
Downside Target	45.17
Downside Target	46.75
Upside Target	49.50
Upside Target	49.90
Upside Target	50.39
Upside Target	53.20
Upside Target	54.87
Upside Target	55.50
Upside Target	59.59

Intraday share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Intraday Target	45.85
Downside Intraday Target	43.67
Upside Intraday Target	49.86
Upside Intraday Target	51.69
Downside Intraday Target	47.68

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	48.04	45.75	49.50	45.49	2.851 times
29 Fri Nov 2024	45.98	45.33	47.14	44.05	0.95 times
22 Fri Nov 2024	44.65	44.01	45.17	43.06	1.09 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nmdc Steel (NSLNISP)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	48.04	45.75	49.50	45.49	0.648 times
29 Fri Nov 2024	45.98	47.87	50.39	43.06	0.667 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

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 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 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 Strong 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 coming down

CCI has generated a SELL signal for Nmdc Steel in short term but SELL signal is weak.

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 47.32 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.