Overall Technical outlook

Price Summary

NMDC Steel Limited's stock opened at 40.19 on 2025-12-10, surged to 41.39, hit a low of 40.15, and closed up 0.27% at 40.3, with 1957435 shares traded.
The stock reached its highest price of 47.67 and lowest price of 33.04 over the last 52 weeks.

Technicals

Support and Resistance: With the current price at 40.3, support is found at 39.57 and resistance at 41.23. These levels indicate where buyers might step in at 39.57, while sellers could limit gains at 41.23, defining a trading boundary for NMDC Steel Limited.
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Support/Resistance for NSLNISP


Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Aroon chart for NMDC Steel Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Bolinger Bands chart for NMDC Steel Limited


Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure.
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Parabolic Stop and Reverse chart for NMDC Steel Limited


Stochastic: With the K-line positioned above the D-line and under 20 on the stochastic indicator, a bullish move may be beginning for NSLNISP. This pattern suggests that the market could be preparing for an upward trend, emerging from a period of lower levels. Investors might interpret this as a signal for potential growth.
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Stochastic chart for NMDC Steel Limited


Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Tripple SMA chart for NMDC Steel Limited


Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.