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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 2024-03-07 View latest technical analysis

10 day averaged volume of Nmdc Steel is 11568497

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	61.05	61.05	61.90	60.30	1.305 times
06 Wed Mar 2024	60.50	60.15	60.90	58.40	0.926 times
05 Tue Mar 2024	60.10	61.40	61.85	59.75	0.97 times
04 Mon Mar 2024	61.45	64.00	64.60	61.00	1.732 times
02 Sat Mar 2024	63.45	61.80	64.00	61.70	0.286 times
01 Fri Mar 2024	61.55	61.70	63.55	60.80	1.529 times
29 Thu Feb 2024	61.40	59.00	61.85	57.90	1.765 times
28 Wed Feb 2024	59.10	62.00	62.00	58.60	0.827 times
27 Tue Feb 2024	61.75	62.50	62.95	61.20	0.475 times
26 Mon Feb 2024	62.65	62.60	63.85	61.80	0.728 times

My analysis of stock is bearish for shortterm, and stock might move down till 59.7 or till 57.4. Use a stoploss of 61.69 and if the stock hits stoploss, then it can shoot up till 63.64

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	59.90
Upside Target	63.20
Upside Target	64.60
Upside Target	66.45
Upside Target	69.50
Upside Target	70.90
Upside Target	73.70

Intraday share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Intraday Target	58.1
Downside Intraday Target	55.15
Upside Intraday Target	64.3
Upside Intraday Target	67.55
Upside Intraday Target	61.35

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	61.05	64.00	64.60	58.40	0.879 times
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

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 Steel (NSLNISP)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	61.05	61.70	64.60	58.40	0.172 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 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 Steel (NSLNISP)

Price action analysis of Nmdc Steel ( (NSLNISP) ) 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 Steel ( (NSLNISP) ) 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 Steel ( (NSLNISP) ) 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 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.

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. Bears are getting stronger in this stock.

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

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

RSI is generating a BUY signal in short term but buying 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 Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 61.17 and Nmdc Steel (NSLNISP) 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 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.