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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 2024-08-26 View latest technical analysis

10 day averaged volume of Indian Metals is 47004

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	701.40	705.00	709.10	697.55	0.968 times
23 Fri Aug 2024	698.20	700.50	710.25	695.05	1.066 times
22 Thu Aug 2024	698.05	682.10	712.00	680.40	1.398 times
21 Wed Aug 2024	682.10	683.05	685.45	673.80	0.872 times
20 Tue Aug 2024	682.15	685.55	685.80	677.05	0.782 times
19 Mon Aug 2024	679.10	676.85	692.95	673.75	1.39 times
16 Fri Aug 2024	676.85	677.00	689.80	661.00	1.401 times
14 Wed Aug 2024	676.20	666.00	678.00	662.00	0.611 times
13 Tue Aug 2024	676.40	695.90	695.90	675.70	0.392 times
12 Mon Aug 2024	689.65	694.95	700.00	682.20	1.107 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 710.3 as stoploss in an intra day sell trade for a target of 691.85. However, stock will show a bullish move above 710.3.

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	587.05
Downside Target	640.40
Downside Target	659.00
Downside Target	694.00
Upside Target	709.10
Upside Target	712.00
Upside Target	748.90
Upside Target	753.45
Upside Target	760.00
Upside Target	765.00
Upside Target	768.00
Upside Target	880.00

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	696.27
Downside Intraday Target	691.13
Upside Intraday Target	707.82
Upside Intraday Target	714.23
Upside Intraday Target	702.68

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	701.40	705.00	709.10	697.55	0.176 times
23 Fri Aug 2024	698.20	676.85	712.00	673.75	1.569 times
16 Fri Aug 2024	676.85	694.95	700.00	661.00	0.536 times
09 Fri Aug 2024	686.20	686.00	701.30	659.00	0.398 times
02 Fri Aug 2024	703.15	752.00	753.45	694.00	1.91 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
26 Mon Aug 2024	701.40	745.15	748.90	659.00	0.428 times
31 Wed Jul 2024	738.05	749.30	760.00	670.05	0.259 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

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 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 to mid 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 mid to longer 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.

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

MACD generated a BUY signal for Indian Metals in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! 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 SELL signal in short term and selling is picking up 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 687.02 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.