Overall Technical outlook

Price Summary

With a -5.96% crash, NMDC Steel Limited enjoyed a lousy day in the stock market.
NMDC Steel Limited's stock opened at 37.59 on 2025-04-25, surged to 37.59, dropped to 35.1, and ended -5.96% down at 35.35, with 5471199 shares traded.
Over the past year, the stock's highest price was 66.5, and its lowest was 33.04.

Technicals

Support and Resistance: With the current price at 35.35, support is found at 33.26 and resistance at 35.36. These levels indicate where buyers might step in at 33.26, while sellers could limit gains at 35.36, defining a trading boundary for NMDC Steel Limited.
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Support/Resistance for NSLNISP


Aroon: The AROON is currently in a neutral position for NMDC Steel Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Aroon chart for NMDC Steel Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for NSLNISP, with no strong trend emerging.
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Bolinger Bands chart for NMDC Steel Limited


Parabolic SAR: The PSAR for NSLNISP continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for NMDC Steel Limited


Stochastic: The current state of the STOCHASTIC 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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Stochastic chart for NMDC Steel Limited


Tripple Moving Agerage: The Tripple MOVING AVG 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.
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Tripple SMA chart for NMDC Steel Limited


Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.