Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-25 View latest technical analysis

10 day averaged volume of Nmdc Steel is 40520254

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	66.80	68.00	68.10	66.05	0.729 times
24 Wed Apr 2024	68.00	65.65	68.95	64.85	1.624 times
23 Tue Apr 2024	65.25	64.45	66.45	63.60	0.727 times
22 Mon Apr 2024	63.70	63.65	64.90	63.15	0.485 times
19 Fri Apr 2024	62.55	63.00	63.70	61.90	0.747 times
18 Thu Apr 2024	63.70	63.40	65.25	62.80	1.211 times
16 Tue Apr 2024	62.25	62.30	65.15	61.55	1.134 times
15 Mon Apr 2024	62.30	60.25	64.40	59.90	0.972 times
12 Fri Apr 2024	63.90	65.80	67.90	63.45	1.073 times
10 Wed Apr 2024	65.85	61.00	66.45	60.90	1.77 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 65.5, but if it comes below 65.5, then a intra day sell could be more profitable.
If you take a sell trade below 65.5, then use 65.5 as stoploss and 62.05 as target. However if you take a buy trade in stock , then use 65.5 as stoploss and 69.6 as target.

Share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Target	43.60
Downside Target	46.90
Downside Target	50.55
Downside Target	52.85
Downside Target	54.40
Downside Target	57.00
Downside Target	59.90
Downside Target	63.15
Downside Target	65.25
Upside Target	67.90
Upside Target	68.95
Upside Target	70.90
Upside Target	73.70

Intraday share price targets for Nmdc Steel (NSLNISP)

Target Type	Value
Downside Intraday Target	63.65
Downside Intraday Target	60.5
Upside Intraday Target	69.45
Upside Intraday Target	72.1
Downside Intraday Target	66.3

Weekly technical analysis of Nmdc Steel (NSLNISP)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	66.80	63.65	68.95	63.15	0.877 times
19 Fri Apr 2024	62.55	60.25	65.25	59.90	1.227 times
12 Fri Apr 2024	63.90	62.15	67.90	60.25	1.834 times
05 Fri Apr 2024	61.85	55.15	63.50	55.15	2.911 times
28 Thu Mar 2024	54.70	56.40	57.30	54.40	0.389 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
25 Thu Apr 2024	66.80	55.15	68.95	55.15	2.024 times
28 Thu Mar 2024	54.70	61.70	64.60	50.55	0.564 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 Steel ( (NSLNISP) ) based on a short to mid 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 Steel ( (NSLNISP) ) 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 Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Nmdc Steel in short term and the buy signal is strong.

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

Nmdc Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

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 64.71 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 rising upwards.

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 is giving positive 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.