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 6880

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Jul 2025	27.60	27.40	27.65	27.40	1.395 times
24 Thu Jul 2025	28.20	28.45	28.45	28.20	1.163 times
23 Wed Jul 2025	29.25	30.45	30.45	29.25	0.465 times
22 Tue Jul 2025	29.80	28.40	30.00	28.40	2.791 times
21 Mon Jul 2025	29.10	29.20	29.20	29.10	0.93 times
18 Fri Jul 2025	29.00	29.00	29.00	29.00	0.465 times
17 Thu Jul 2025	29.00	30.05	30.05	29.00	1.163 times
16 Wed Jul 2025	29.55	29.55	29.55	29.55	0.93 times
15 Tue Jul 2025	29.00	29.00	29.00	29.00	0.698 times
14 Mon Jul 2025	28.45	29.00	29.00	28.45	0.93 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 27.5, for a target of 28.2 or 28.69

Share price targets for Newmalayalam Steel (NMSTEEL_ST)

Target Type	Value
Downside Target	23.35
Downside Target	24.40
Downside Target	26.25
Downside Target	27.40
Upside Target	28.10
Upside Target	29.65
Upside Target	30.05
Upside Target	30.45
Upside Target	30.65
Upside Target	31.85
Upside Target	33.85
Upside Target	35.25

Intraday share price targets for Newmalayalam Steel (NMSTEEL_ST)

Target Type	Value
Downside Intraday Target	26.52
Downside Intraday Target	25.43
Upside Intraday Target	29.57
Upside Intraday Target	31.53
Upside Intraday Target	28.48

Weekly technical analysis of Newmalayalam Steel (NMSTEEL_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
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
04 Fri Jul 2025	28.50	28.10	28.70	28.10	0.636 times
27 Fri Jun 2025	28.65	29.10	29.65	28.25	2.2 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
25 Fri Jul 2025	27.60	28.65	30.45	27.40	0.318 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
30 Wed Apr 2025	27.85	24.45	30.65	24.40	0.508 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Newmalayalam Steel 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Newmalayalam Steel 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 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 28.96 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.