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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 2024-08-08 View latest technical analysis

10 day averaged volume of Nmdc is 8102883

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	222.49	229.20	229.74	221.91	0.761 times
07 Wed Aug 2024	228.57	226.00	229.65	224.13	0.87 times
06 Tue Aug 2024	222.74	224.75	231.48	221.86	0.754 times
05 Mon Aug 2024	224.29	230.97	231.39	221.61	1.053 times
02 Fri Aug 2024	235.91	239.80	240.25	234.55	0.693 times
01 Thu Aug 2024	242.73	242.70	249.14	241.40	1.569 times
31 Wed Jul 2024	241.61	244.50	245.94	240.91	0.81 times
30 Tue Jul 2024	243.03	242.80	244.86	240.40	0.617 times
29 Mon Jul 2024	244.19	240.10	245.98	239.25	1.269 times
26 Fri Jul 2024	238.55	232.45	239.32	232.06	1.036 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 228.4, but if it comes above 228.4, then a intra day buy could be more profitable.
If you take a sell trade below 228.4, then use 228.4 as stoploss and 218.7 as target. However if you take a buy trade in stock , then use 228.4 as stoploss and 236.61 as target.

Share price targets for Nmdc (NMDC)

Target Type	Value
Downside Target	203.30
Downside Target	211.15
Downside Target	220.88
Upside Target	228.01
Upside Target	239.32
Upside Target	246.20
Upside Target	249.14
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	218.91
Downside Intraday Target	215.32
Upside Intraday Target	228.78
Upside Intraday Target	235.06
Upside Intraday Target	225.19

Weekly technical analysis of Nmdc (NMDC)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	222.49	230.97	231.48	221.61	0.693 times
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

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
08 Thu Aug 2024	222.49	242.70	249.14	221.61	0.202 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Nmdc in short term and the sell signal is strong.

Nmdc 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 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 235.3 and Nmdc (NMDC) 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 (NMDC) stock. Volume based technical analysis of Nmdc (NMDC) stock is negative.

Nmdc 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.