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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 2024-08-16 View latest technical analysis

10 day averaged volume of Nmdc is 10122595

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	217.45	215.00	218.00	210.15	1.502 times
14 Wed Aug 2024	210.94	225.01	225.74	210.06	2.331 times
13 Tue Aug 2024	224.46	234.95	234.95	223.11	1.409 times
12 Mon Aug 2024	229.63	219.00	230.70	217.11	0.954 times
09 Fri Aug 2024	221.53	225.00	226.20	218.52	0.744 times
08 Thu Aug 2024	222.49	229.20	229.74	221.91	0.609 times
07 Wed Aug 2024	228.57	226.00	229.65	224.13	0.696 times
06 Tue Aug 2024	222.74	224.75	231.48	221.86	0.604 times
05 Mon Aug 2024	224.29	230.97	231.39	221.61	0.843 times
02 Fri Aug 2024	235.91	239.80	240.25	234.55	0.555 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 221.5, but if it comes above 221.5, then a intra day buy could be more profitable.
If you take a sell trade below 221.5, then use 221.5 as stoploss and 210.8 as target. However if you take a buy trade in stock , then use 221.5 as stoploss and 230.4 as target.

Share price targets for Nmdc (NMDC)

Target Type	Value
Downside Target	203.30
Downside Target	210.06
Upside Target	218.52
Upside Target	228.01
Upside Target	246.20
Upside Target	249.14
Upside Target	250.72
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	206.69
Downside Intraday Target	195.93
Upside Intraday Target	231.58
Upside Intraday Target	245.71
Upside Intraday Target	220.82

Weekly technical analysis of Nmdc (NMDC)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	217.45	219.00	234.95	210.06	1.773 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nmdc (NMDC)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	217.45	242.70	249.14	210.06	0.51 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nmdc ( (NMDC) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 moving up

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 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 221.29 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.