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NMDC Steel Limited

NSLNISP.BO•BSE
Basic Materials
Steel
₹42.58
₹-0.14(-0.33%)
Indian Market opens in NaNh NaNm

NMDC Steel Limited (NSLNISP.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for NMDC Steel Limited (BSE:NSLNISP.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NSLNISP.BO Technical Analysis Summary

NMDC Steel Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 64.28)
Trend Strength:Moderate (ADX: 26.55)
Volatility:Medium (ATR: 1.43)
Support/Resistance:$37.58 – $44.64 (Bollinger Bands)

Technical conditions suggest NMDC Steel Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 64.28

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 80.05

Bearish
Overbought levels may trigger pullback.

Williams %R: -22.04

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.95

Bullish
Steady upward momentum.

Takeaway:NMDC Steel Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.11

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.55

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.43

Low
Low volatility, stable price action.

CCI (14): 153.82

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:NMDC Steel Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$44.64
Middle Band (SMA 20)
$41.11
Lower Band
$37.58
Current Position
Within Bands

Takeaway:NMDC Steel Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$43.86
Middle Line (EMA 20)
$41.00
Lower Channel
$38.15
Squeeze Status
No Squeeze

Takeaway:NMDC Steel Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.25M
Money Flow Index78.40Bullish, inflows support continued momentum.
Relative Vigor Index62.56Bullish, price momentum strongly favors buyers.

Overall Takeaway:NSLNISP.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of NMDC Steel Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for NMDC Steel Limited are mixed, suggesting a Hold or wait-and-see approach.

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