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(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 2024-06-24 View latest technical analysis

10 day averaged volume of Indian Metals is 663518

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	781.25	809.90	809.90	778.00	0.113 times
21 Fri Jun 2024	795.05	798.80	810.50	789.10	0.168 times
20 Thu Jun 2024	791.65	814.95	815.90	789.00	0.199 times
19 Wed Jun 2024	806.20	776.00	817.90	761.40	0.637 times
18 Tue Jun 2024	770.25	781.85	785.00	766.00	0.145 times
14 Fri Jun 2024	777.55	792.55	796.40	775.00	0.199 times
13 Thu Jun 2024	792.30	805.00	805.05	787.05	0.263 times
12 Wed Jun 2024	791.95	862.55	862.55	788.00	2.275 times
11 Tue Jun 2024	862.55	752.60	880.00	750.30	5.073 times
10 Mon Jun 2024	747.85	744.85	784.50	744.85	0.796 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 801.2 as stoploss in an intra day sell trade for a target of 746.77. However, stock will show a bullish move above 801.2.

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
Downside Target	740.00
Downside Target	761.40
Downside Target	768.00
Downside Target	778.00
Upside Target	809.90
Upside Target	817.90
Upside Target	880.00

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	769.53
Downside Intraday Target	757.82
Upside Intraday Target	801.43
Upside Intraday Target	821.62
Upside Intraday Target	789.72

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	781.25	809.90	809.90	778.00	0.098 times
21 Fri Jun 2024	795.05	781.85	817.90	761.40	0.134 times
14 Fri Jun 2024	777.55	744.85	880.00	744.85	3.585 times
07 Fri Jun 2024	736.10	718.95	740.00	587.05	2.622 times
31 Fri May 2024	690.70	732.00	740.20	678.20	0.273 times

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

Monthly technical analysis of Indian Metals (IMFA)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	781.25	718.95	880.00	587.05	1.802 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 up this month, and volume has increased substantially. This means that the move can 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 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.

Price action analysis of Indian Metals ( (IMFA) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Indian Metals ( (IMFA) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Indian Metals in short term and the buy 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Indian Metals in short term and SELL signal is strong!

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 824.93 and Indian Metals (IMFA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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