NSLNISP NEWS why is Nmdc Steel Limited price falling or rising

NSLNISP NEWS reasons for why stock price of Nmdc Steel Limited is falling or rising

NSLNISP Nmdc Steel is falling or rising technical reasons

Technical analysis forecast for Nmdc Steel Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Nmdc Steel NSLNISP at this time. Stock is falling and might fall more.

It appears as if Nmdc Steel NSLNISP gave a large move recently.

Stock of Nmdc Steel (NSLNISP) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Nmdc Steel is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 44.4 as stoploss in an intra day buy trade for a target of 46.28. However, stock will show a bearish move below 44.4.

NSLNISP Nmdc Steel is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-11-18

Company Announcement NMDC Steel Limited has informed the Exchange about General Updates - NEWS as on 2024-11-14

NMDC Steel Q2 Results: Loss widens to Rs 595 crore, total income rises to Rs 1,535 crore NMDC Steel on Tuesday said its loss had widened to Rs 595.37 crore in September quarter, on account of a surge in expenses. It had posted a loss of Rs 131.10 crore in the year-ago period, the company said in an exchange filing. - NEWS as on 2024-11-12 indiatimes.com

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2024 - NEWS as on 2024-11-05

Company Announcement NMDC Steel Limited has informed the Exchange regarding minutes of 9th Annual General Meeting held on September 24, 2024 - NEWS as on 2024-10-15

Company Announcement NMDC Steel Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-09-30

More announcements and NEWS

NSLNISP Nmdc Steel Limited current price & indicator signals

Moving Averages for Nmdc Steel Limited

  • 5Day Average: 44.26
  • 12Day Average: 46.15
  • 20Day Average: 46.11
  • 50Day Average: 49.12
  • 100Day Average: 52.48
  • 150Day Average: 55.39
  • 200Day Average: 56.69

NSLNISP Indicators & signals

Indicator MACD (12,26,9)

45.49, 46.81, -1.21
Indicator MACD is in negative zone

Indicator ADX (14)

38.24, 13.46, 30.13
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NSLNISP Nmdc Steel Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 44.65 44.39 to 45.15 -0.31% 0.51 times
21 Thu Nov 2024 44.79 43.85 to 45.17 1.75% 1.75 times
19 Tue Nov 2024 44.02 43.90 to 44.92 0.11% 0.53 times
18 Mon Nov 2024 43.97 43.06 to 44.89 0.25% 1 times
14 Thu Nov 2024 43.86 43.58 to 44.68 -0.14% 0.76 times
13 Wed Nov 2024 43.92 43.60 to 45.09 -4.83% 1.55 times
12 Tue Nov 2024 46.15 46.00 to 47.65 -1.7% 0.58 times
11 Mon Nov 2024 46.95 46.60 to 47.84 -2% 0.59 times
08 Fri Nov 2024 47.91 47.57 to 50.05 -4.33% 0.99 times
07 Thu Nov 2024 50.08 49.26 to 50.39 0.91% 1.11 times
06 Wed Nov 2024 49.63 47.80 to 49.92 3.57% 1.15 times
05 Tue Nov 2024 47.92 46.80 to 48.34 2.02% 0.95 times

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