Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(IMFA) Indian Metals complete technical analysis [charts+indicators] | Buy/Sell Indian Metals | (IMFA) share price targets

Complete technical analysis of Indian Metals (IMFA) by charts plus indicators, forecast predictions and share price targets for Indian Metals (IMFA)

Indian Metals trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-06-05 View latest technical analysis

10 day averaged volume of Indian Metals is 312854

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	690.60	622.00	712.00	622.00	1.09 times
04 Tue Jun 2024	612.85	710.00	711.00	587.05	2.016 times
03 Mon Jun 2024	713.95	718.95	730.00	710.00	0.524 times
31 Fri May 2024	690.70	696.50	703.65	678.20	0.291 times
30 Thu May 2024	693.90	710.00	710.00	690.10	0.339 times
29 Wed May 2024	708.90	713.65	717.30	706.20	0.291 times
28 Tue May 2024	718.90	728.10	728.60	712.00	0.295 times
27 Mon May 2024	725.35	732.00	740.20	707.20	0.725 times
24 Fri May 2024	730.60	703.00	739.65	701.95	1.709 times
23 Thu May 2024	710.00	738.90	765.00	700.50	3.505 times

My analysis of stock is bearish for shortterm, and stock might move down till 672.7 or till 636.9. Use a stoploss of 702.5 and if the stock hits stoploss, then it can shoot up till 732.31

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	523.00
Downside Target	569.55
Downside Target	587.05
Downside Target	640.40
Downside Target	664.95
Upside Target	700.50
Upside Target	730.00
Upside Target	740.20
Upside Target	744.00
Upside Target	750.00
Upside Target	765.00
Upside Target	768.00

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	608.43
Downside Intraday Target	526.27
Upside Intraday Target	751.38
Upside Intraday Target	812.17
Downside Intraday Target	669.22

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	690.60	718.95	730.00	587.05	1.869 times
31 Fri May 2024	690.70	732.00	740.20	678.20	0.273 times
24 Fri May 2024	730.60	740.75	765.00	700.50	3.861 times
18 Sat May 2024	740.75	663.05	744.00	642.70	0.898 times
10 Fri May 2024	662.25	750.00	750.00	644.60	0.751 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indian Metals (IMFA)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	690.60	718.95	730.00	587.05	0.251 times
31 Fri May 2024	690.70	742.00	765.00	642.70	0.492 times
30 Tue Apr 2024	732.40	665.00	768.00	640.40	3.609 times
28 Thu Mar 2024	639.60	612.20	668.00	523.00	0.645 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Indian Metals (IMFA)

Price action analysis of Indian Metals ( (IMFA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Indian Metals ( (IMFA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indian Metals ( (IMFA) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Indian Metals ( (IMFA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Indian Metals stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Indian Metals in short term and the sell signal is strong.

Indian Metals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indian Metals in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Indian Metals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 693.55 and Indian Metals (IMFA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Indian Metals (IMFA) stock. Volume based technical analysis of Indian Metals (IMFA) stock is negative.

Indian Metals Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.