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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
03 Fri Jul 82.55 82.15 83.00 81.35 45.08 lakhs
02 Thu Jul 81.75 82.30 82.60 81.25 47.22 lakhs
01 Wed Jul 81.00 81.10 82.05 80.05 48.95 lakhs
30 Tue Jun 81.15 81.65 84.40 80.55 76.09 lakhs
29 Mon Jun 81.00 83.75 84.10 79.60 79.9 lakhs
NMDC chart

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 82.1 as stoploss in an intra day buy trade for a target of 85.31. However, stock will show a bearish move below 82.1.

  • 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 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 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 82.55 as on 03 Fri Jul 15:33

Day open is at 82.15, day high is at 83.00, day low is at 81.35, and day volume is at 1795.52 lakhs so far.

First 15 minute high low range is 81.80 - 82.75

First hour high low range is 81.35 - 82.75

Date Intraday Price Open High Low Volume
03 Fri Jul 15:33 82.55 82.15 83.00 81.35 4504411
03 Fri Jul 15:30 82.50 82.15 83.00 81.35 4504411
03 Fri Jul 15:25 82.60 82.15 83.00 81.35 4296394
03 Fri Jul 15:20 82.50 82.15 83.00 81.35 4074879
03 Fri Jul 15:15 82.50 82.15 83.00 81.35 3955366
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: 82.28 or 82.475
  • Upside target: 82.75
  • Downside target : 80.85
  • Second Upside target: 83.6
  • Second Downside target : 81.95

Nmdc (NMDC) weekly technical analysis

Date Weekly Close Open Range Volume
03 Fri Jul 82.55 83.75 79.60
84.40
297.246 lakhs
26 Fri Jun 84.15 84.00 82.50
89.75
497.313 lakhs
19 Fri Jun 82.45 87.35 81.60
89.40
389.389 lakhs
12 Fri Jun 87.45 90.50 81.35
94.90
336.39 lakhs
05 Fri Jun 88.85 83.05 82.55
90.25
317.756 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Weekly 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 (NMDC) Monthly technical analysis

Date Monthly Close Open Range Volume
03 Fri Jul 82.55 81.10 80.05
83.00
141.247 lakhs
30 Tue Jun 81.15 83.05 79.60
94.90
1696.848 lakhs
29 Fri May 81.15 75.80 69.85
82.10
918.926 lakhs
30 Thu Apr 80.55 79.00 71.85
86.30
1145.171 lakhs
31 Tue Mar 80.00 92.90 61.55
97.40
2219.514 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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: 91.63
  • Upside daily target: 87.2
  • Upside daily target: 82.78
  • Downside daily target: 78.05

Nmdc Weekly stock price targets

  • Upside weekly target: 93.4
  • Upside weekly target: 87.98
  • Upside weekly target: 83.76
  • Downside weekly target: 79.56
  • Downside weekly target: 75.5
  • Downside weekly target: 71.85

Nmdc Monthly stock price targets

  • Upside monthly target: 144.43
  • Upside monthly target: 128.33
  • Upside monthly target: 115.28
  • Upside monthly target: 108.75
  • Upside monthly target: 103.18
  • Upside monthly target: 96.36
  • Upside monthly target: 91.4
  • Upside monthly target: 84.25
  • Downside monthly target: 78.8
  • Downside monthly target: 72.73
  • 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 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 Weak and stock is losing momentum.

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

Nmdc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Nmdc in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 84.39 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.

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chart NMDC