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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 2024-09-05 View latest technical analysis

10 day averaged volume of Nmdc is 7557888

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	212.70	211.95	213.57	210.75	0.838 times
04 Wed Sep 2024	211.09	212.98	214.97	209.12	1.368 times
03 Tue Sep 2024	214.98	215.00	217.41	213.83	1.103 times
02 Mon Sep 2024	216.41	221.00	221.79	214.50	1.535 times
30 Fri Aug 2024	222.66	224.50	226.16	222.07	0.817 times
29 Thu Aug 2024	223.92	225.77	226.71	220.55	0.731 times
28 Wed Aug 2024	226.23	230.00	230.90	225.81	0.699 times
27 Tue Aug 2024	229.65	230.05	233.10	228.83	0.993 times
26 Mon Aug 2024	229.22	223.00	230.20	221.76	1.115 times
23 Fri Aug 2024	221.76	226.90	226.90	221.40	0.62 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 215.7, but if it comes above 215.7, then a intra day buy could be more profitable.
If you take a sell trade below 215.7, then use 215.7 as stoploss and 208.9 as target. However if you take a buy trade in stock , then use 215.7 as stoploss and 221.43 as target.

Share price targets for Nmdc (NMDC)

Target Type	Value
Downside Target	209.12
Upside Target	217.20
Upside Target	227.89
Upside Target	231.48
Upside Target	233.10
Upside Target	234.95
Upside Target	246.20
Upside Target	249.14
Upside Target	255.40
Upside Target	275.60
Upside Target	286.35

Intraday share price targets for Nmdc (NMDC)

Target Type	Value
Downside Intraday Target	207.28
Downside Intraday Target	201.87
Upside Intraday Target	219.95
Upside Intraday Target	227.21
Upside Intraday Target	214.54

Weekly technical analysis of Nmdc (NMDC)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	212.70	221.00	221.79	209.12	1.112 times
30 Fri Aug 2024	222.66	223.00	233.10	220.55	0.835 times
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

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
05 Thu Sep 2024	212.70	221.00	221.79	209.12	0.194 times
30 Fri Aug 2024	222.66	242.70	249.14	210.06	0.827 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

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 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 losing 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 moving up

CCI has generated a buy signal for Nmdc in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY 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 220.1 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.