Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

10 day averaged volume of Newmalayalam Steel is 5600

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Aug 2025	28.05	28.65	30.00	28.05	5.143 times
06 Wed Aug 2025	28.60	27.25	28.60	27.25	3.143 times
05 Tue Aug 2025	27.25	27.25	27.25	27.25	0.286 times
01 Fri Aug 2025	28.40	28.50	28.50	28.40	0.857 times
31 Thu Jul 2025	29.05	27.90	29.05	27.90	0.571 times
30 Wed Jul 2025	27.90	28.00	28.00	27.90	0.571 times
29 Tue Jul 2025	28.50	26.60	28.50	26.60	0.571 times
28 Mon Jul 2025	27.50	27.50	27.50	27.50	0.286 times
25 Fri Jul 2025	27.60	27.40	27.65	27.40	1.714 times
24 Thu Jul 2025	28.20	28.45	28.45	28.20	1.429 times

Stock of Newmalayalam Steel (NMSTEEL_ST) has showed a significant fall. This could be a good time to exit from this stock.

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 27.9 as stoploss in an intra day buy trade for a target of 28.58. However, stock will show a bearish move below 27.9.

Share price targets for Newmalayalam Steel (NMSTEEL_ST)

Target Type	Value
Downside Target	24.40
Downside Target	26.25
Downside Target	27.25
Upside Target	28.45
Upside Target	30.00
Upside Target	30.05
Upside Target	30.45
Upside Target	30.65
Upside Target	31.85
Upside Target	33.85

Intraday share price targets for Newmalayalam Steel (NMSTEEL_ST)

Target Type	Value
Downside Intraday Target	26.87
Downside Intraday Target	25.68
Upside Intraday Target	29.62
Upside Intraday Target	31.18
Upside Intraday Target	28.43

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Aug 2025	28.05	27.25	30.00	27.25	3 times
01 Fri Aug 2025	28.40	27.50	29.05	26.60	0.345 times
25 Fri Jul 2025	27.60	29.20	30.45	27.40	1.611 times
18 Fri Jul 2025	29.00	29.00	30.05	28.45	1.286 times
11 Fri Jul 2025	28.45	27.95	28.95	27.50	1 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Newmalayalam Steel (NMSTEEL_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Aug 2025	28.05	28.50	30.00	27.25	0.434 times
31 Thu Jul 2025	29.05	28.65	30.45	26.60	0.35 times
30 Mon Jun 2025	28.10	27.80	33.85	26.25	1.456 times
30 Fri May 2025	28.85	28.40	31.85	27.50	0.401 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_ST)

Price action analysis of Newmalayalam Steel ( (NMSTEEL_ST) ) 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_ST) ) 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_ST) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Newmalayalam Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Newmalayalam Steel in short term but the buy signal is initial and weak.

Newmalayalam Steel 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. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Newmalayalam Steel in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 28.18 and Newmalayalam Steel (NMSTEEL_ST) 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_ST) stock. Volume based technical analysis of Newmalayalam Steel (NMSTEEL_ST) 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.