BullFO

2020 Nmdc (NMDC) technical analysis [forecast] stock price targets

Nmdc technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Nmdc deals in Mining Nmdc option chain analysis

Date Close Open High Low Volume
23 Mon Nov 93.55 94.00 94.40 92.10 58.9 lakhs
20 Fri Nov 93.45 95.65 96.50 92.65 104.83 lakhs
19 Thu Nov 96.20 97.40 99.00 95.80 154.34 lakhs
18 Wed Nov 97.60 96.00 97.95 95.00 142.59 lakhs
17 Tue Nov 96.05 94.95 97.10 93.50 167.37 lakhs
NMDC chart

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 95.1 as stoploss in an intra day sell trade for a target of 89.77. However, stock will show a bullish move above 95.1.

  • Daily Price action analysis of NMDC based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

  • Daily Price action analysis of NMDC 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.

  • Daily Price action analysis of NMDC based on a 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.

Intraday technical analysis of Nmdc

Stock is trading at 92.55 as on 24 Tue Nov 11:30

Day open is at 93.60, day high is at 93.90, day low is at 92.40, and day volume is at 1414.15 lakhs so far.

First 15 minute high low range is 92.80 - 93.90

First hour high low range is 92.40 - 93.90

Date Intraday Price Open High Low Volume
24 Tue Nov 11:30 92.55 93.60 93.90 92.40 9661966
24 Tue Nov 11:25 92.80 93.60 93.90 92.40 9526873
24 Tue Nov 11:20 93.15 93.60 93.90 92.40 9282929
24 Tue Nov 11:15 92.80 93.60 93.90 92.40 8774283
24 Tue Nov 11:10 92.95 93.60 93.90 92.40 8566487
Intraday NMDC chart

Prices of Nmdc are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Nmdc (NMDC) intraday stock price targets

  • EntEntry: 93.35 or 93.0375
  • Upside target: 93.9
  • Downside target : 91.7
  • Second Upside target: 93.98
  • Second Downside target : 91.68

Nmdc (NMDC) weekly technical analysis

Date Weekly Close Open Range Volume
23 Mon Nov 93.55 94.00 92.10
94.40
58.895 lakhs
20 Fri Nov 93.45 93.25 92.55
99.00
597.76 lakhs
13 Fri Nov 92.65 91.20 88.20
95.40
580.098 lakhs
06 Fri Nov 90.40 82.70 81.80
91.00
396.406 lakhs
30 Fri Oct 82.45 84.85 79.40
84.95
219.997 lakhs
weekly NMDC chart

Weekly forecast of Nmdc is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of 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.

Weekly Price action analysis of 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.

Nmdc (NMDC) Monthly technical analysis

Date Monthly Close Open Range Volume
23 Mon Nov 93.55 82.70 81.80
99.00
1633.159 lakhs
30 Fri Oct 82.45 83.00 77.95
87.20
1147.765 lakhs
30 Wed Sep 82.25 98.30 75.60
99.40
2024.916 lakhs
31 Mon Aug 97.15 83.70 83.60
109.40
2276.796 lakhs
31 Fri Jul 83.80 81.10 80.05
88.50
1673.213 lakhs
monthly NMDC chart

Monthly forecast of Nmdc is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Nmdc 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

Monthly Price action analysis of 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.

Nmdc Daily stock price targets

  • Upside daily target: 99.25
  • Upside daily target: 94.4
  • Downside daily target: 89.9

Nmdc Weekly stock price targets

  • Upside weekly target: 99.45
  • Upside weekly target: 93.98
  • Downside weekly target: 88.55
  • Downside weekly target: 83.75
  • Downside weekly target: 79.46
  • Downside weekly target: 71.58

Nmdc Monthly stock price targets

  • Upside monthly target: 116.18
  • Upside monthly target: 104.88
  • Upside monthly target: 99.89
  • Downside monthly target: 93.34
  • Downside monthly target: 88.7
  • Downside monthly target: 83.81
  • Downside monthly target: 78.8
  • Downside monthly target: 72.73
  • Downside monthly target: 67.03
  • Downside monthly target: 52.85

Nmdc (NMDC) indicators technical analysis

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.

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

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

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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Nmdc in short term and SELL 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 is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 94.02 and Nmdc NMDC stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Nmdc NMDC stock. Volume based technical analysis of Nmdc NMDC stock is negative.

Nmdc 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.

Related companies

Quick Charts: Daily Charts Long term Charts Weekly Charts Monthly Charts Renko Charts PNF Charts

chart NMDC