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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 2024-08-23 View latest technical analysis

10 day averaged volume of Nmdc is 11111860

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	221.76	226.90	226.90	221.40	0.422 times
22 Thu Aug 2024	226.34	224.50	227.89	223.76	0.693 times
21 Wed Aug 2024	222.67	225.00	227.40	222.10	0.91 times
20 Tue Aug 2024	224.58	220.85	225.36	219.65	0.892 times
19 Mon Aug 2024	219.86	219.70	221.21	217.20	0.629 times
16 Fri Aug 2024	217.45	215.00	218.00	210.15	1.368 times
14 Wed Aug 2024	210.94	225.01	225.74	210.06	2.124 times
13 Tue Aug 2024	224.46	234.95	234.95	223.11	1.283 times
12 Mon Aug 2024	229.63	219.00	230.70	217.11	0.869 times
09 Fri Aug 2024	221.53	225.00	226.20	218.52	0.678 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 218.8 as stoploss in an intra day buy trade for a target of 228.17. However, stock will show a bearish move below 218.8.

Share price targets for Nmdc (NMDC)

Target Type	Value
Downside Target	203.30
Downside Target	210.06
Downside Target	217.20
Upside Target	227.89
Upside Target	239.32
Upside Target	246.20
Upside Target	249.14
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	216.68
Downside Intraday Target	211.59
Upside Intraday Target	227.37
Upside Intraday Target	232.97
Upside Intraday Target	222.28

Weekly technical analysis of Nmdc (NMDC)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	221.76	219.70	227.89	217.20	0.628 times
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

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 (NMDC)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	221.76	242.70	249.14	210.06	0.683 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 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 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 ( (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 Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nmdc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 220.4 and Nmdc (NMDC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.