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Technicals for NMDC Limited
By MusingTheNews
2025-09-05 20:38
Overall Technical outlook
Price Summary
NMDC Limited's stock started trading at 73.55 on 2025-09-05, climbed to 74.69, fell to 72.82, and closed 1.33% higher at 74.53, with 16816919 shares traded. Throughout the 52-week period, the stock hit a high of 244.91 and a low of 60.0. The future price of NMDC is anticipated to range from 55.0 to 89.0, with an expected mean price of 73.41176, according to the recommendations of 17 analysts.
Technicals
Support and Resistance: At 74.53, the price is supported by 74.33 and resisted by 74.33. This indicates that the price for NMDC Limited might fluctuate between these levels, with 74.33 acting as a support and 74.33 limiting further upward movement. Support/Resistance for NMDC
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for NMDC Limited
Bol. Bands: In the latest price action for NMDC, the current price has surpassed the upper Bollinger Band, indicating a bullish breakout. This movement suggests that buying pressure has intensified, driving the price beyond its typical range. Traders often view this as a positive signal, suggesting that the market might continue to rise as momentum builds. Bolinger Bands chart for NMDC Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for NMDC Limited
Stochastic: The stochastic indicator for NMDC reflects a bullish outlook, with the K-line positioned above the D-line and surpassing the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors may interpret this as a positive signal for further gains. Stochastic chart for NMDC Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that this bearish momentum might be fading. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for NMDC Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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