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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 2024-12-19 View latest technical analysis

10 day averaged volume of Nmdc Steel is 2960060

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	43.91	43.79	44.28	43.31	0.885 times
18 Wed Dec 2024	44.08	44.76	45.06	43.90	1.105 times
17 Tue Dec 2024	44.56	45.50	45.69	44.41	0.885 times
16 Mon Dec 2024	45.44	46.29	46.75	45.25	0.947 times
13 Fri Dec 2024	46.04	46.84	47.00	45.39	1.424 times
12 Thu Dec 2024	47.10	47.79	47.80	46.81	0.672 times
11 Wed Dec 2024	47.79	47.65	48.46	47.40	1.026 times
10 Tue Dec 2024	47.75	48.20	48.64	47.51	1.134 times
09 Mon Dec 2024	48.16	48.65	49.04	47.90	1.039 times
06 Fri Dec 2024	48.35	48.00	48.65	47.71	0.883 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 44.7, but if it comes above 44.7, then a intra day buy could be more profitable.
If you take a sell trade below 44.7, then use 44.7 as stoploss and 42.9 as target. However if you take a buy trade in stock , then use 44.7 as stoploss and 46.26 as target.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	42.95
Upside 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	42.56
Downside Intraday Target	41.22
Upside Intraday Target	46
Upside Intraday Target	48.1
Upside Intraday Target	44.66

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	43.91	46.29	46.75	43.31	0.722 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
19 Thu Dec 2024	43.91	45.75	49.50	43.31	1.15 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 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 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 weakening, and bulls are picking up momentum!

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 46.32 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.