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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)

10 day averaged volume of Nmdc Steel is 3718587

Date Daily Closing Price Open High Low Volume
21 Thu Nov 2024 44.79 44.04 45.17 43.85 1.748 times
19 Tue Nov 2024 44.02 44.27 44.92 43.90 0.526 times
18 Mon Nov 2024 43.97 44.01 44.89 43.06 1.001 times
14 Thu Nov 2024 43.86 44.40 44.68 43.58 0.757 times
13 Wed Nov 2024 43.92 44.01 45.09 43.60 1.545 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 44.3 as stoploss in an intra day buy trade for a target of 46.19. However, stock will show a bearish move below 44.3.

Share price targets for Nmdc Steel (NSLNISP)

Target Type Value
Downside Target 42.95
Upside Target 45.01
Upside Target 46.75
Upside Target 47.84
Upside Target 49.90
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 43.51
Downside Intraday Target 42.23
Upside Intraday Target 45.62
Upside Intraday Target 46.45
Downside Intraday Target 44.34

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date Weekly Closing Price Open High Low Volume
21 Thu Nov 2024 44.79 44.01 45.17 43.06 0.942 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 2.423 times
01 Fri Nov 2024 48.23 45.25 48.55 45.01 0.592 times
30 Wed Oct 2024 46.23 44.01 46.75 43.18 0.47 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
21 Thu Nov 2024 44.79 47.87 50.39 43.06 0.476 times
31 Thu Oct 2024 47.49 54.00 54.87 42.95 0.796 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 13, 30, 40 Sell
MACD -3, -2Sell
Stochastics 16Sell
CCI -54Buy
RSI 43Sell
OBV 7436676Sell
VWAP 46Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 losing momentum.

MACD generated a SELL signal for Nmdc Steel in short term and the sell signal is strong.

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 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 in or above 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 but selling is losing 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 46.12 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.

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