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(NMSTEEL_SM) Newmalayalam Steel complete technical analysis [charts+indicators] | Buy/Sell Newmalayalam Steel | (NMSTEEL_SM) share price targets

Complete technical analysis of Newmalayalam Steel (NMSTEEL_SM) by charts plus indicators, forecast predictions and share price targets for Newmalayalam Steel (NMSTEEL_SM)

Showing technical analysis as on 2025-12-24 View latest technical analysis

10 day averaged volume of Newmalayalam Steel is 9120

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Dec 2025	31.00	31.00	31.00	31.00	0.175 times
23 Tue Dec 2025	30.75	30.75	30.75	30.75	0.175 times
22 Mon Dec 2025	30.25	30.00	30.25	29.60	1.579 times
19 Fri Dec 2025	30.10	30.10	30.10	30.10	0.175 times
18 Thu Dec 2025	30.30	30.30	30.50	30.05	0.526 times
17 Wed Dec 2025	30.85	30.85	30.85	30.85	0.175 times
16 Tue Dec 2025	30.55	31.20	31.20	30.10	1.93 times
11 Thu Dec 2025	32.25	31.05	33.90	31.05	0.702 times
09 Tue Dec 2025	34.30	34.80	34.80	34.30	0.351 times
08 Mon Dec 2025	32.65	31.95	32.80	31.50	2.456 times

My analysis of stock is bearish for shortterm, and stock might move down till 29.7 or till 27. Use a stoploss of 31.97 and if the stock hits stoploss, then it can shoot up till 34.22

Share price targets for Newmalayalam Steel (NMSTEEL_SM)

Target Type	Value
Downside Target	26.35
Downside Target	27.80
Downside Target	28.50
Downside Target	29.60
Downside Target	31.00
Upside Target	33.00
Upside Target	34.00
Upside Target	34.80
Upside Target	37.00
Upside Target	37.50
Upside Target	39.15

Intraday share price targets for Newmalayalam Steel (NMSTEEL_SM)

Target Type	Value
Downside Intraday Target	30.07
Downside Intraday Target	29.13
Upside Intraday Target	31.47
Upside Intraday Target	31.93
Downside Intraday Target	30.53

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Dec 2025	31.00	30.00	31.00	29.60	0.688 times
19 Fri Dec 2025	30.10	31.20	31.20	30.05	0.8 times
11 Thu Dec 2025	32.25	31.95	34.80	31.05	0.164 times
05 Fri Dec 2025	34.15	33.80	37.00	33.00	1.402 times
28 Fri Nov 2025	33.60	30.00	34.00	28.50	7.25 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 Newmalayalam Steel (NMSTEEL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Dec 2025	31.00	33.80	37.00	29.60	1.31 times
28 Fri Nov 2025	33.60	32.40	34.00	28.50	1.554 times
31 Fri Oct 2025	32.40	31.95	34.00	27.80	0.405 times
30 Tue Sep 2025	31.95	32.10	39.15	30.25	0.686 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 Newmalayalam Steel (NMSTEEL_SM)

Price action analysis of Newmalayalam Steel ( (NMSTEEL_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Newmalayalam Steel ( (NMSTEEL_SM) ) 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 Newmalayalam Steel ( (NMSTEEL_SM) ) 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 Newmalayalam Steel ( (NMSTEEL_SM) ) 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 Newmalayalam Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Newmalayalam Steel in short term and the sell signal is strong.

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

Newmalayalam Steel 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Newmalayalam Steel 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 Newmalayalam 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 31.42 and Newmalayalam Steel (NMSTEEL_SM) 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 Newmalayalam Steel (NMSTEEL_SM) stock. Volume based technical analysis of Newmalayalam Steel (NMSTEEL_SM) stock is negative.

Newmalayalam Steel 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.