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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 2025-01-31 View latest technical analysis

10 day averaged volume of Nmdc Steel is 5113069

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	42.14	40.45	42.49	40.16	0.606 times
30 Thu Jan 2025	40.67	41.15	41.90	40.30	0.653 times
29 Wed Jan 2025	41.37	38.16	42.32	38.16	5.352 times
28 Tue Jan 2025	38.15	38.24	39.10	36.91	0.729 times
27 Mon Jan 2025	38.25	39.63	39.63	37.57	0.771 times
24 Fri Jan 2025	39.84	40.50	40.94	39.75	0.31 times
23 Thu Jan 2025	40.50	40.11	40.93	40.05	0.459 times
22 Wed Jan 2025	40.51	41.40	41.57	39.85	0.572 times
21 Tue Jan 2025	41.29	42.34	42.56	41.10	0.315 times
20 Mon Jan 2025	42.15	41.50	42.40	41.11	0.368 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 42.2 as stoploss in an intra day sell trade for a target of 40.89. However, stock will show a bullish move above 42.2.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	36.91
Downside Target	38.10
Downside Target	39.75
Downside Target	41.94
Upside Target	43.69
Upside Target	44.18
Upside Target	49.50
Upside Target	49.90
Upside Target	50.39
Upside Target	54.87
Upside Target	55.50

Intraday share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Intraday Target	38.54
Downside Intraday Target	34.93
Upside Intraday Target	44.12
Upside Intraday Target	46.09
Downside Intraday Target	40.51

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	42.14	39.63	42.49	36.91	4.01 times
24 Fri Jan 2025	39.84	41.50	42.56	39.75	0.664 times
17 Fri Jan 2025	41.61	40.49	41.94	38.10	1.135 times
10 Fri Jan 2025	40.71	43.59	43.69	39.91	1.477 times
03 Fri Jan 2025	43.44	43.60	44.18	42.50	0.605 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
31 Fri Jan 2025	42.14	43.14	44.18	36.91	0.959 times
31 Tue Dec 2024	43.15	45.75	49.50	42.50	1.527 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

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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Nmdc Steel ( (NSLNISP) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 40.79 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.