Overall Technical outlook

Price Summary

NMDC Steel Limited's stock, on 2025-10-17 opened at 43.64, climbed to a high of 43.95, dropped to a low of 42.48, and closed up -1.51% at 42.98, with 3151201 shares traded.
The stock's peak price over the last 52 weeks is 50.08, with the lowest being 33.04.

Technicals

Support and Resistance: The price of 42.98 is supported at 41.23 and faces resistance at 43.0. This range suggests key levels for NSLNISP where the price may stabilize, with 41.23 acting as a support and 43.0 as a cap on gains.
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Support/Resistance for NSLNISP


Aroon: Aroon's bearish trend remains intact, with Aroon Down consistently at the 100 level. This ongoing downward momentum requires additional analysis using other indicators to assess its potential future effects.
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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 continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term.
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Parabolic Stop and Reverse chart for NMDC Steel Limited


Stochastic: The stochastic indicator reflects a bullish signal as the K-line crosses above the D-line and remains below 20. This setup is typically viewed as the beginning of a bullish move, suggesting that the market might soon experience upward momentum. Traders could see this as an opportunity to enter at a favorable point.
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Stochastic chart for NMDC Steel Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Tripple SMA chart for NMDC Steel Limited


A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.