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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 2024-08-09 View latest technical analysis

10 day averaged volume of Nmdc is 7643304

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	221.53	225.00	226.20	218.52	0.985 times
08 Thu Aug 2024	222.49	229.20	229.74	221.91	0.806 times
07 Wed Aug 2024	228.57	226.00	229.65	224.13	0.922 times
06 Tue Aug 2024	222.74	224.75	231.48	221.86	0.799 times
05 Mon Aug 2024	224.29	230.97	231.39	221.61	1.116 times
02 Fri Aug 2024	235.91	239.80	240.25	234.55	0.735 times
01 Thu Aug 2024	242.73	242.70	249.14	241.40	1.663 times
31 Wed Jul 2024	241.61	244.50	245.94	240.91	0.859 times
30 Tue Jul 2024	243.03	242.80	244.86	240.40	0.654 times
29 Mon Jul 2024	244.19	240.10	245.98	239.25	1.346 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 226.9, but if it comes above 226.9, then a intra day buy could be more profitable.
If you take a sell trade below 226.9, then use 226.9 as stoploss and 216.7 as target. However if you take a buy trade in stock , then use 226.9 as stoploss and 235.38 as target.

Share price targets for Nmdc (NMDC)

Target Type	Value
Downside Target	203.30
Downside Target	211.15
Downside Target	218.52
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	216.21
Downside Intraday Target	210.88
Upside Intraday Target	229.17
Upside Intraday Target	236.8
Upside Intraday Target	223.84

Weekly technical analysis of Nmdc (NMDC)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	221.53	230.97	231.48	218.52	0.88 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
09 Fri Aug 2024	221.53	242.70	249.14	218.52	0.235 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 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 in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 233.56 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.