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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 2024-10-17 View latest technical analysis

10 day averaged volume of Indian Metals is 122210

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	703.90	718.00	721.25	700.05	0.628 times
16 Wed Oct 2024	717.85	722.00	732.40	715.05	1.527 times
15 Tue Oct 2024	717.60	721.00	724.20	707.70	0.858 times
14 Mon Oct 2024	715.05	710.95	719.90	697.20	0.785 times
11 Fri Oct 2024	706.75	695.00	715.00	687.65	1.151 times
10 Thu Oct 2024	689.00	690.20	695.00	677.15	0.412 times
09 Wed Oct 2024	687.00	698.00	698.50	682.95	0.445 times
08 Tue Oct 2024	692.25	669.95	696.90	661.45	0.523 times
07 Mon Oct 2024	669.60	706.60	728.10	663.85	1.912 times
04 Fri Oct 2024	703.35	695.00	719.90	676.00	1.245 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 708.5 as stoploss in an intra day sell trade for a target of 688.87. However, stock will show a bullish move above 708.5.

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	587.05
Downside Target	618.00
Downside Target	638.00
Downside Target	657.20
Downside Target	700.00
Upside Target	719.90
Upside Target	728.10
Upside Target	732.40
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	689.93
Downside Intraday Target	675.97
Upside Intraday Target	725.13
Upside Intraday Target	746.37
Upside Intraday Target	711.17

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	703.90	710.95	732.40	697.20	0.855 times
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

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
17 Thu Oct 2024	703.90	703.00	732.40	661.45	0.971 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 699.59 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.