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(NSLNISP) Nmdc Steel complete technical analysis [charts+indicators] | Buy/Sell Nmdc Steel | (NSLNISP) share price targets

Complete technical analysis of Nmdc Steel (NSLNISP) by charts plus indicators, forecast predictions and share price targets for Nmdc Steel (NSLNISP)

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Nmdc Steel is 13115118

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	63.45	61.80	64.00	61.70	0.252 times
01 Fri Mar 2024	61.55	61.70	63.55	60.80	1.349 times
29 Thu Feb 2024	61.40	59.00	61.85	57.90	1.557 times
28 Wed Feb 2024	59.10	62.00	62.00	58.60	0.729 times
27 Tue Feb 2024	61.75	62.50	62.95	61.20	0.419 times
26 Mon Feb 2024	62.65	62.60	63.85	61.80	0.642 times
23 Fri Feb 2024	62.70	63.30	63.80	62.50	0.673 times
22 Thu Feb 2024	63.10	61.60	64.05	59.90	1.775 times
21 Wed Feb 2024	61.20	63.60	64.00	60.90	0.767 times
20 Tue Feb 2024	63.25	64.60	64.65	62.75	0.667 times

My analysis of stock is bullish for shortterm, and stock might move up till 66.6 or till 70.6. Use a stoploss of 63.26 and if this stock hits its stoploss, then it can fall down till 59.94

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	39.15
Downside Target	43.60
Downside Target	44.85
Downside Target	46.90
Downside Target	52.85
Downside Target	57.00
Downside Target	59.85
Downside Target	63.20
Upside Target	66.45
Upside Target	69.50
Upside Target	70.90
Upside Target	73.25
Upside Target	73.70

Intraday share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Intraday Target	59.57
Downside Intraday Target	55.68
Upside Intraday Target	65.67
Upside Intraday Target	67.88
Downside Intraday Target	61.78

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	63.45	62.60	64.00	57.90	0.933 times
23 Fri Feb 2024	62.70	64.10	66.45	59.90	0.379 times
16 Fri Feb 2024	63.65	66.75	69.50	57.00	1.937 times
09 Fri Feb 2024	66.60	71.50	73.70	63.20	0.43 times
02 Fri Feb 2024	70.90	62.00	73.25	59.85	1.825 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 Steel (NSLNISP)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	63.45	61.70	64.00	60.80	0.046 times
29 Thu Feb 2024	61.40	70.00	73.70	57.00	1.198 times
31 Wed Jan 2024	69.65	51.50	70.90	46.90	1.987 times
29 Fri Dec 2023	51.40	44.90	52.85	43.60	1.878 times

Scroll below to view daily charts

Price has moved up 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 Steel (NSLNISP)

Price action analysis of Nmdc Steel ( (NSLNISP) ) 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 Steel ( (NSLNISP) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Nmdc Steel ( (NSLNISP) ) based on a short to mid 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 Steel ( (NSLNISP) ) based on a mid to longer 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.

ADX buy sell signal for Nmdc Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Nmdc Steel in short term but the sell signal is initial and weak.

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

Nmdc Steel 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Nmdc Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Nmdc Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 61.96 and Nmdc Steel (NSLNISP) 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 Steel (NSLNISP) stock. Volume based technical analysis of Nmdc Steel (NSLNISP) stock is negative.

Nmdc Steel Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.