(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 2024-07-23 View latest technical analysis
10 day averaged volume of Indian Metals is 97406
Date | Daily Closing Price | Open | High | Low | Volume |
23 Tue Jul 2024 | 720.45 | 700.50 | 725.35 | 670.05 | 0.955 times |
22 Mon Jul 2024 | 700.25 | 694.00 | 727.80 | 689.90 | 1.134 times |
19 Fri Jul 2024 | 701.50 | 718.50 | 723.50 | 697.05 | 1.274 times |
18 Thu Jul 2024 | 718.05 | 725.00 | 727.20 | 715.10 | 0.871 times |
16 Tue Jul 2024 | 725.00 | 745.00 | 746.55 | 721.05 | 1.211 times |
15 Mon Jul 2024 | 738.85 | 728.15 | 750.00 | 720.05 | 1.003 times |
12 Fri Jul 2024 | 732.85 | 735.00 | 749.00 | 725.05 | 0.962 times |
11 Thu Jul 2024 | 740.15 | 731.10 | 742.95 | 723.30 | 0.486 times |
10 Wed Jul 2024 | 728.55 | 754.45 | 755.95 | 721.05 | 0.917 times |
09 Tue Jul 2024 | 747.40 | 737.00 | 758.70 | 720.00 | 1.483 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 719.4 as stoploss in an intra day buy trade for a target of 734.64. However, stock will show a bearish move below 719.4.
Share price targets for Indian Metals (IMFA)
Target Type | Value |
Downside Target | 523.00 |
Downside Target | 587.05 |
Downside Target | 640.40 |
Downside Target | 668.00 |
Downside Target | 697.05 |
Downside Target | 720.00 |
Upside Target | 750.00 |
Upside Target | 760.00 |
Upside Target | 765.00 |
Upside Target | 768.00 |
Upside Target | 809.90 |
Upside Target | 880.00 |
Intraday share price targets for Indian Metals (IMFA)
Target Type | Value |
Downside Intraday Target | 684.4 |
Downside Intraday Target | 648.35 |
Upside Intraday Target | 742.15 |
Upside Intraday Target | 763.85 |
Downside Intraday Target | 706.1 |
Weekly technical analysis of Indian Metals (IMFA)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Tue Jul 2024 | 720.45 | 694.00 | 727.80 | 670.05 | 0.479 times |
19 Fri Jul 2024 | 701.50 | 728.15 | 750.00 | 697.05 | 0.967 times |
12 Fri Jul 2024 | 732.85 | 726.00 | 758.70 | 720.00 | 1.32 times |
05 Fri Jul 2024 | 736.35 | 749.30 | 760.00 | 733.00 | 0.731 times |
28 Fri Jun 2024 | 742.45 | 809.90 | 809.90 | 732.85 | 0.597 times |
Price has moved up 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 |
23 Tue Jul 2024 | 720.45 | 749.30 | 760.00 | 670.05 | 0.164 times |
28 Fri Jun 2024 | 742.45 | 718.95 | 880.00 | 587.05 | 1.887 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 |
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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Indian Metals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Indian Metals in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Indian Metals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Indian Metals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 724.7 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.
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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Indian Metals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Indian Metals in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Indian Metals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Indian Metals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 724.7 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.
Click here for Indian Metals charts
Click here for further forecast and predictions for tomorrow
Daily charts
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