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NMDC Steel Limited

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

Live technical indicators, trading signals, and momentum insights for NMDC Steel Limited.

NSLNISP.NSNSE
47.59
0.26(0.54%)
Indian Market opens in NaNh NaNm
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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.NS Technical Analysis Summary

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

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.06)
Trend Strength:Moderate (ADX: 27.47)
Volatility:Medium (ATR: 2.06)
Support/Resistance:$41.57 – $52.95 (Bollinger Bands)

This mix signals that NMDC Steel Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.06

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 36.68

Bearish
Momentum remains weak below midpoint.

Williams %R: -62.67

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 5.37

Strongly Bullish
Strong upside momentum.

Takeaway:NMDC Steel Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.22

Bullish
Bullish, trend momentum is strengthening.

ADX: 27.47

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.06

Medium
Medium volatility, healthy price movement.

CCI (14): -40.66

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$52.95
Middle Band (SMA 20)
$47.26
Lower Band
$41.57
Current Position
Within Bands

Takeaway:NMDC Steel Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$51.21
Middle Line (EMA 20)
$47.09
Lower Channel
$42.97
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 Volume271.00M
Money Flow Index74.85Bullish, inflows support continued momentum.
Relative Vigor Index40.25Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:NSLNISP.NS shows mixed signals in money flow analysis.

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

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

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