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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)

10 day averaged volume of Newmalayalam Steel is 32960

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Dec 2025	34.15	33.15	34.20	33.15	0.534 times
04 Thu Dec 2025	34.75	36.50	36.60	34.45	0.583 times
03 Wed Dec 2025	36.25	35.00	37.00	35.00	2.476 times
02 Tue Dec 2025	34.95	35.00	35.00	34.95	0.146 times
01 Mon Dec 2025	35.20	33.80	35.50	33.00	2.184 times
28 Fri Nov 2025	33.60	29.85	34.00	28.55	3.301 times
26 Wed Nov 2025	29.20	28.50	29.40	28.50	0.631 times
25 Tue Nov 2025	28.80	29.00	29.00	28.75	0.243 times
24 Mon Nov 2025	30.00	30.00	30.00	30.00	0.049 times
20 Thu Nov 2025	29.50	31.75	31.75	29.50	0.194 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 34, but if it comes below 34, then a intra day sell could be more profitable.
If you take a sell trade below 34, then use 34 as stoploss and 31.73 as target. However if you take a buy trade in stock , then use 34 as stoploss and 36.7 as target.

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	29.50
Downside Target	30.20
Downside Target	31.75
Downside Target	32.40
Downside Target	34.00
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	32.43
Downside Intraday Target	30.72
Upside Intraday Target	36.43
Upside Intraday Target	38.72
Upside Intraday Target	34.72

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
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
20 Thu Nov 2025	29.50	30.35	31.75	29.50	0.545 times
14 Fri Nov 2025	30.35	32.00	34.00	29.60	2.75 times
06 Thu Nov 2025	30.90	32.40	32.40	30.20	0.19 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
05 Fri Dec 2025	34.15	33.80	37.00	33.00	0.946 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 up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newmalayalam Steel ( (NMSTEEL_SM) ) 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 Newmalayalam Steel ( (NMSTEEL_SM) ) 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 Newmalayalam Steel ( (NMSTEEL_SM) ) based on a mid to longer 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 Newmalayalam Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Newmalayalam 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.

Newmalayalam Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Newmalayalam Steel in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Newmalayalam Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.21 and Newmalayalam Steel (NMSTEEL_SM) 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 Newmalayalam Steel (NMSTEEL_SM) stock. Volume based technical analysis of Newmalayalam Steel (NMSTEEL_SM) stock is negative.

Newmalayalam 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.