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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 2024-10-30 View latest technical analysis

10 day averaged volume of Indian Metals is 79457

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	678.25	660.00	692.75	655.20	1.479 times
29 Tue Oct 2024	656.80	651.90	659.45	640.35	0.604 times
28 Mon Oct 2024	651.90	660.00	664.75	645.00	0.802 times
25 Fri Oct 2024	659.75	651.40	664.60	631.05	1.197 times
24 Thu Oct 2024	653.75	665.30	665.30	646.10	0.846 times
23 Wed Oct 2024	667.30	650.00	669.50	636.55	0.759 times
22 Tue Oct 2024	650.90	680.00	680.80	646.00	0.905 times
21 Mon Oct 2024	680.80	693.30	693.35	673.90	0.78 times
18 Fri Oct 2024	693.35	703.00	703.00	684.90	0.79 times
17 Thu Oct 2024	703.90	718.00	721.25	700.05	0.966 times

My analysis of stock is bearish for shortterm, and stock might move down till 662.5 or till 636. Use a stoploss of 684.56 and if the stock hits stoploss, then it can shoot up till 706.64

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	587.05
Downside Target	618.00
Downside Target	631.05
Downside Target	659.00
Upside Target	684.90
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	648.15
Downside Intraday Target	618.05
Upside Intraday Target	700.55
Upside Intraday Target	722.85
Downside Intraday Target	670.45

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	678.25	660.00	692.75	640.35	0.643 times
25 Fri Oct 2024	659.75	693.30	693.35	631.05	0.677 times
18 Fri Oct 2024	693.35	710.95	732.40	684.90	0.97 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

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
30 Wed Oct 2024	678.25	703.00	732.40	631.05	1.341 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Indian Metals in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 670.43 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 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 has given negative 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.