Overall Technical outlook

Price Summary

NMDC Steel Limited's stock began trading at 39.45 on 2025-07-15, soared to 39.8, dipped to 38.97, and finished the day -0.91% lower at 39.09, with 1472860 shares exchanged.
Over the past year, the stock's highest price was 58.24, and its lowest was 33.04.

Technicals

Support and Resistance: The current price is 39.09, with support at 38.15 and resistance at 39.75. This range suggests that the price might move between these levels, with 38.15 offering support and 39.75 capping further gains for NMDC Steel Limited.
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Support/Resistance for NSLNISP


Aroon: The AROON is in a neutral stance for NSLNISP, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Aroon chart for NMDC Steel Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Bolinger Bands chart for NMDC Steel Limited


Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains.
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Parabolic Stop and Reverse chart for NMDC Steel Limited


Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Stochastic chart for NMDC Steel Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, pointing to a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that this bearish momentum may be weakening. This could indicate that a bullish reversal is imminent, with the market potentially shifting from its current downward trend to a more positive, upward trajectory.
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Tripple SMA chart for NMDC Steel Limited


Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.