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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 2024-10-11 View latest technical analysis

10 day averaged volume of Indian Metals is 150064

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	706.75	695.00	715.00	687.65	0.937 times
10 Thu Oct 2024	689.00	690.20	695.00	677.15	0.336 times
09 Wed Oct 2024	687.00	698.00	698.50	682.95	0.362 times
08 Tue Oct 2024	692.25	669.95	696.90	661.45	0.426 times
07 Mon Oct 2024	669.60	706.60	728.10	663.85	1.557 times
04 Fri Oct 2024	703.35	695.00	719.90	676.00	1.014 times
03 Thu Oct 2024	695.95	710.00	710.20	682.85	0.929 times
01 Tue Oct 2024	714.10	703.00	719.45	690.65	2.674 times
30 Mon Sep 2024	696.80	676.00	700.00	667.40	1.629 times
27 Fri Sep 2024	672.30	665.20	679.90	663.95	0.644 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 696.6, but if it comes below 696.6, then a intra day sell could be more profitable.
If you take a sell trade below 696.6, then use 696.6 as stoploss and 677.98 as target. However if you take a buy trade in stock , then use 696.6 as stoploss and 718.9 as target.

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
Downside Target	688.50
Downside 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	669.43
Downside Intraday Target	632.12
Upside Intraday Target	736.08
Upside Intraday Target	765.42
Downside Intraday Target	698.77

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	706.75	706.60	728.10	661.45	0.58 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 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
11 Fri Oct 2024	706.75	703.00	728.10	661.45	0.706 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 green color and prices are above the green 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 696.34 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.