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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 2024-10-01 View latest technical analysis

10 day averaged volume of Indian Metals is 104291

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	714.10	703.00	719.45	690.65	3.847 times
30 Mon Sep 2024	696.80	676.00	700.00	667.40	2.344 times
27 Fri Sep 2024	672.30	665.20	679.90	663.95	0.927 times
26 Thu Sep 2024	663.55	664.90	670.00	657.20	0.618 times
25 Wed Sep 2024	668.35	665.30	688.50	662.00	2.076 times
24 Tue Sep 2024	665.45	671.45	685.00	662.20	1.429 times
23 Mon Sep 2024	669.50	667.30	675.00	661.80	0.382 times
20 Fri Sep 2024	667.30	663.40	678.00	658.65	0.685 times
19 Thu Sep 2024	661.75	669.00	674.10	647.90	0.523 times
18 Wed Sep 2024	666.40	663.15	670.00	655.00	0.448 times

Stock of Indian Metals (IMFA) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 706.2, for a target of 680.5 or 659.07

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	587.05
Downside Target	618.00
Downside Target	636.30
Downside Target	654.10
Downside Target	688.50
Downside Target	690.65
Downside Target	700.00
Upside Target	719.45
Upside Target	748.90
Upside Target	760.00
Upside Target	880.00

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	681.18
Downside Intraday Target	648.27
Upside Intraday Target	733.23
Upside Intraday Target	752.37
Downside Intraday Target	700.32

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	714.10	676.00	719.45	667.40	1.139 times
27 Fri Sep 2024	672.30	667.30	688.50	657.20	1.642 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

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
01 Tue Oct 2024	714.10	703.00	719.45	690.65	0.229 times
30 Mon Sep 2024	696.80	670.00	700.00	618.00	1.495 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

Scroll below to view daily charts

Price has moved up 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Indian Metals in short term and the buy 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 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 686.02 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 positive

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