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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 2024-09-26 View latest technical analysis

10 day averaged volume of Indian Metals is 89821

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	663.55	664.90	670.00	657.20	0.717 times
25 Wed Sep 2024	668.35	665.30	688.50	662.00	2.411 times
24 Tue Sep 2024	665.45	671.45	685.00	662.20	1.66 times
23 Mon Sep 2024	669.50	667.30	675.00	661.80	0.444 times
20 Fri Sep 2024	667.30	663.40	678.00	658.65	0.796 times
19 Thu Sep 2024	661.75	669.00	674.10	647.90	0.608 times
18 Wed Sep 2024	666.40	663.15	670.00	655.00	0.52 times
17 Tue Sep 2024	663.10	669.00	676.00	654.80	0.658 times
16 Mon Sep 2024	669.40	643.95	672.00	638.00	1.259 times
13 Fri Sep 2024	637.75	644.75	649.90	618.00	0.794 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 668.4 as stoploss in an intra day sell trade for a target of 653.97. However, stock will show a bullish move above 668.4.

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	587.05
Downside Target	618.00
Downside Target	636.30
Upside Target	678.00
Upside Target	688.50
Upside Target	709.10
Upside Target	748.90
Upside Target	760.00
Upside Target	765.00
Upside Target	880.00

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	651
Downside Intraday Target	638.45
Upside Intraday Target	682.3
Upside Intraday Target	701.05
Upside Intraday Target	669.75

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	663.55	667.30	688.50	657.20	1.362 times
20 Fri Sep 2024	667.30	643.95	678.00	638.00	1.004 times
13 Fri Sep 2024	637.75	634.00	654.10	618.00	1.365 times
06 Fri Sep 2024	638.95	670.00	672.00	636.30	0.925 times
30 Fri Aug 2024	668.90	705.00	709.10	665.10	1.051 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
26 Thu Sep 2024	663.55	670.00	688.50	618.00	1.204 times
30 Fri Aug 2024	668.90	745.15	748.90	659.00	0.53 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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Indian Metals in short term but SELL 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 664.29 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 negative.

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