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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 2024-10-07 View latest technical analysis

10 day averaged volume of Indian Metals is 157522

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	669.60	706.60	728.10	663.85	1.483 times
04 Fri Oct 2024	703.35	695.00	719.90	676.00	0.966 times
03 Thu Oct 2024	695.95	710.00	710.20	682.85	0.885 times
01 Tue Oct 2024	714.10	703.00	719.45	690.65	2.547 times
30 Mon Sep 2024	696.80	676.00	700.00	667.40	1.552 times
27 Fri Sep 2024	672.30	665.20	679.90	663.95	0.614 times
26 Thu Sep 2024	663.55	664.90	670.00	657.20	0.409 times
25 Wed Sep 2024	668.35	665.30	688.50	662.00	1.375 times
24 Tue Sep 2024	665.45	671.45	685.00	662.20	0.946 times
23 Mon Sep 2024	669.50	667.30	675.00	661.80	0.253 times

My analysis of stock is bullish for shortterm, and stock might move up till 689.3 or till 717.4. Use a stoploss of 665.9 and if this stock hits its stoploss, then it can fall down till 642.51

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	587.05
Downside Target	618.00
Downside Target	638.00
Downside Target	654.10
Upside Target	688.50
Upside Target	700.00
Upside Target	719.90
Upside Target	728.10
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	646.27
Downside Intraday Target	622.93
Upside Intraday Target	710.52
Upside Intraday Target	751.43
Upside Intraday Target	687.18

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	669.60	706.60	728.10	663.85	0.249 times
04 Fri Oct 2024	703.35	676.00	719.90	667.40	1.654 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

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
07 Mon Oct 2024	669.60	703.00	728.10	663.85	0.529 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

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 green color and prices are in or below the green 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 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 688.18 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 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.