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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 2024-07-25 View latest technical analysis

10 day averaged volume of Indian Metals is 89615

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	732.45	709.00	745.00	695.25	0.874 times
24 Wed Jul 2024	719.80	710.00	724.75	708.30	0.42 times
23 Tue Jul 2024	720.45	700.50	725.35	670.05	1.038 times
22 Mon Jul 2024	700.25	694.00	727.80	689.90	1.233 times
19 Fri Jul 2024	701.50	718.50	723.50	697.05	1.384 times
18 Thu Jul 2024	718.05	725.00	727.20	715.10	0.947 times
16 Tue Jul 2024	725.00	745.00	746.55	721.05	1.317 times
15 Mon Jul 2024	738.85	728.15	750.00	720.05	1.09 times
12 Fri Jul 2024	732.85	735.00	749.00	725.05	1.046 times
11 Thu Jul 2024	740.15	731.10	742.95	723.30	0.528 times

My analysis of stock is bullish for shortterm, and stock might move up till 745 or till 761.1. Use a stoploss of 731.52 and if this stock hits its stoploss, then it can fall down till 718.06

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	758.70
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	686.67
Downside Intraday Target	640.88
Upside Intraday Target	761.62
Upside Intraday Target	790.78
Downside Intraday Target	715.83

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	732.45	694.00	745.00	670.05	0.753 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
25 Thu Jul 2024	732.45	749.30	760.00	670.05	0.178 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 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 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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 721.08 and Indian Metals (IMFA) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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