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(NMDC) Nmdc complete technical analysis [charts+indicators] | Buy/Sell Nmdc | (NMDC) share price targets

Complete technical analysis of Nmdc (NMDC) by charts plus indicators, forecast predictions and share price targets for Nmdc (NMDC)

Nmdc trades in NSE in Mining sector.

Showing technical analysis as on 2024-08-02 View latest technical analysis

10 day averaged volume of Nmdc is 9099016

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	235.91	239.80	240.25	234.55	0.617 times
01 Thu Aug 2024	242.73	242.70	249.14	241.40	1.397 times
31 Wed Jul 2024	241.61	244.50	245.94	240.91	0.722 times
30 Tue Jul 2024	243.03	242.80	244.86	240.40	0.55 times
29 Mon Jul 2024	244.19	240.10	245.98	239.25	1.13 times
26 Fri Jul 2024	238.55	232.45	239.32	232.06	0.923 times
25 Thu Jul 2024	229.87	229.99	234.95	227.54	1.183 times
24 Wed Jul 2024	232.73	234.40	237.45	231.78	0.625 times
23 Tue Jul 2024	234.67	234.90	236.20	220.88	1.432 times
22 Mon Jul 2024	233.89	228.00	235.60	225.00	0.768 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 234.8 as stoploss in an intra day buy trade for a target of 241.64. However, stock will show a bearish move below 234.8.

Share price targets for Nmdc (NMDC)

Target Type	Value
Downside Target	203.30
Downside Target	211.15
Downside Target	220.88
Downside Target	228.01
Downside Target	234.55
Upside Target	239.32
Upside Target	250.72
Upside Target	254.19
Upside Target	255.40
Upside Target	261.50
Upside Target	275.60
Upside Target	286.35

Intraday share price targets for Nmdc (NMDC)

Target Type	Value
Downside Intraday Target	230.59
Downside Intraday Target	225.28
Upside Intraday Target	245.18
Upside Intraday Target	254.46
Upside Intraday Target	239.87

Weekly technical analysis of Nmdc (NMDC)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	235.91	240.10	249.14	234.55	0.896 times
26 Fri Jul 2024	238.55	228.00	239.32	220.88	1.47 times
19 Fri Jul 2024	228.76	247.00	250.72	228.01	0.701 times
12 Fri Jul 2024	246.26	253.19	254.19	239.57	0.499 times
05 Fri Jul 2024	252.28	245.00	255.40	242.40	1.269 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 (NMDC)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	235.91	242.70	249.14	234.55	0.08 times
31 Wed Jul 2024	241.61	245.00	255.40	220.88	0.98 times
28 Fri Jun 2024	246.05	273.00	275.60	211.15	0.73 times
31 Fri May 2024	260.15	254.00	286.35	246.20	0.921 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 (NMDC)

Price action analysis of Nmdc ( (NMDC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nmdc ( (NMDC) ) 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 ( (NMDC) ) 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 ( (NMDC) ) 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 stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nmdc in short term but the buy signal is initial and weak.

Nmdc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Nmdc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 237.72 and Nmdc (NMDC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Nmdc (NMDC) stock. Volume based technical analysis of Nmdc (NMDC) stock is negative.

Nmdc 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.