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2022 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
27 Thu Jan 134.20 135.00 136.55 132.80 104.04 lakhs
25 Tue Jan 135.65 133.65 137.35 132.80 47.62 lakhs
24 Mon Jan 133.95 139.75 139.75 133.05 68.23 lakhs
21 Fri Jan 139.75 143.00 143.30 138.40 47.85 lakhs
20 Thu Jan 143.25 142.00 144.95 141.35 62.32 lakhs
NMDC chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 134.6, but if it comes above 134.6, then a intra day buy could be more profitable.
If you take a sell trade below 134.6, then use 134.6 as stoploss and 129.6 as target. However if you take a buy trade in stock , then use 134.6 as stoploss and 138.73 as target.

  • Daily Price action analysis of 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.

  • 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Intraday technical analysis of Nmdc

Stock is trading at 137.35 as on 28 Fri Jan 10:45

Day open is at 136.35, day high is at 138.05, day low is at 135.00, and day volume is at 283.48 lakhs so far.

First 15 minute high low range is 135.00 - 136.80

First hour high low range is 135.00 - 138.05

Date Intraday Price Open High Low Volume
28 Fri Jan 10:45 137.35 136.35 138.05 135.00 2865243
28 Fri Jan 10:40 137.05 136.35 138.05 135.00 2719835
28 Fri Jan 10:34 137.45 136.35 138.05 135.00 2568359
28 Fri Jan 10:30 137.05 136.35 138.05 135.00 2433216
28 Fri Jan 10:24 137.10 136.35 138.05 135.00 2312468
Intraday NMDC chart

Trend of Nmdc is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Nmdc (NMDC) intraday stock price targets

  • EntEntry: 135.9 or 134.0875
  • Upside target: 136.8
  • Downside target : 133.2
  • Second Upside target: 135.38
  • Second Downside target : 131.63

Nmdc (NMDC) weekly technical analysis

Date Weekly Close Open Range Volume
27 Thu Jan 134.20 139.75 132.80
139.75
219.897 lakhs
21 Fri Jan 139.75 146.40 138.40
146.40
262.935 lakhs
14 Fri Jan 145.95 140.05 136.10
146.90
393.598 lakhs
07 Fri Jan 138.65 134.40 133.60
139.75
217.264 lakhs
31 Fri Dec 133.30 132.50 129.80
134.40
286.99 lakhs
weekly NMDC chart

Weekly forecast of Nmdc is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly 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.

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
27 Thu Jan 134.20 134.40 132.80
146.90
1093.694 lakhs
31 Fri Dec 133.30 132.85 125.00
150.10
2512.442 lakhs
30 Tue Nov 132.85 144.00 130.80
148.50
1853.33 lakhs
29 Fri Oct 143.15 142.30 133.10
159.60
3097.314 lakhs
30 Thu Sep 143.00 154.00 133.55
156.75
2378.893 lakhs
monthly NMDC chart

Monthly forecast of Nmdc is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of 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.

Monthly 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.

Nmdc Daily stock price targets

  • Upside daily target: 148.98
  • Upside daily target: 141.53
  • Upside daily target: 134.23

Nmdc Weekly stock price targets

  • Upside weekly target: 155.08
  • Upside weekly target: 146.58
  • Upside weekly target: 138.38
  • Downside weekly target: 131.55
  • Downside weekly target: 122.8

Nmdc Monthly stock price targets

  • Upside monthly target: 228.63
  • Upside monthly target: 201.45
  • Upside monthly target: 189.96
  • Upside monthly target: 177.85
  • Upside monthly target: 169.15
  • Upside monthly target: 157.2
  • Upside monthly target: 148.86
  • Upside monthly target: 141.71
  • Downside monthly target: 130.15
  • Downside monthly target: 122.98

Nmdc (NMDC) indicators technical analysis

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.

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 getting stronger in this stock.

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

CCI has generated a SELL signal for Nmdc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 140.47 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.

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chart NMDC