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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 2024-12-16 View latest technical analysis

10 day averaged volume of Nmdc Steel is 5644619

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	45.44	46.29	46.75	45.25	0.496 times
13 Fri Dec 2024	46.04	46.84	47.00	45.39	0.747 times
12 Thu Dec 2024	47.10	47.79	47.80	46.81	0.353 times
11 Wed Dec 2024	47.79	47.65	48.46	47.40	0.538 times
10 Tue Dec 2024	47.75	48.20	48.64	47.51	0.595 times
09 Mon Dec 2024	48.16	48.65	49.04	47.90	0.545 times
06 Fri Dec 2024	48.35	48.00	48.65	47.71	0.463 times
05 Thu Dec 2024	48.04	48.49	48.49	47.55	0.464 times
04 Wed Dec 2024	48.24	48.51	48.75	48.01	0.73 times
03 Tue Dec 2024	48.25	45.80	49.50	45.64	5.285 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 44.7 as stoploss in an intra day buy trade for a target of 46.27. However, stock will show a bearish move below 44.7.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	42.95
Downside Target	44.05
Downside Target	45.17
Upside Target	46.75
Upside Target	49.04
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	44.88
Downside Intraday Target	44.31
Upside Intraday Target	46.38
Upside Intraday Target	47.31
Upside Intraday Target	45.81

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	45.44	46.29	46.75	45.25	0.179 times
13 Fri Dec 2024	46.04	48.65	49.04	45.39	0.385 times
06 Fri Dec 2024	48.35	45.75	49.50	45.49	3.047 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

Price has moved down 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
16 Mon Dec 2024	45.44	45.75	49.50	45.25	1.006 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 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nmdc Steel in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 47.85 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.