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Technicals for NMDC Limited
By MusingTheNews
2026-02-03 20:49
Overall Technical outlook
Price Summary
NMDC Limited's stock, on 2026-02-02 opened at 80.74, climbed to a high of 81.9, dropped to a low of 78.42, and closed up 0.87% at 81.44, with 18049961 shares traded. The highest price the stock achieved in the past 52 weeks is 86.16, while the lowest price it saw is 61.3. Based on recommendations from 17 analysts, the future price of NMDC is expected to range from 59.0 to 98.0, with an average price expectation around 78.0.
Technicals
Support and Resistance: The price currently sits at 81.44, finding support at 80.84 and resistance at 84.6. These levels define a range for NMDC Limited where the price may move, with 80.84 offering a base and 84.6 limiting upward momentum. Support/Resistance for NMDC
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for NMDC Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for NMDC Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that NMDC Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for NMDC Limited
Stochastic: The current reading of the STOCHASTIC is neutral for NMDC, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for NMDC Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for NMDC Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
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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