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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 2024-11-04 View latest technical analysis

10 day averaged volume of Indian Metals is 66303

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	672.70	693.00	698.00	668.20	1.336 times
01 Fri Nov 2024	691.80	678.95	703.70	678.90	0.795 times
31 Thu Oct 2024	676.60	675.00	682.85	668.25	0.368 times
30 Wed Oct 2024	678.25	660.00	692.75	655.20	1.772 times
29 Tue Oct 2024	656.80	651.90	659.45	640.35	0.724 times
28 Mon Oct 2024	651.90	660.00	664.75	645.00	0.962 times
25 Fri Oct 2024	659.75	651.40	664.60	631.05	1.435 times
24 Thu Oct 2024	653.75	665.30	665.30	646.10	1.014 times
23 Wed Oct 2024	667.30	650.00	669.50	636.55	0.91 times
22 Tue Oct 2024	650.90	680.00	680.80	646.00	1.085 times

My analysis of stock is bearish for shortterm, and stock might move down till 661.6 or till 635.8. Use a stoploss of 683.17 and if the stock hits stoploss, then it can shoot up till 704.69

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	618.00
Downside Target	631.05
Downside Target	659.00
Upside Target	684.90
Upside Target	700.00
Upside Target	703.70
Upside Target	728.10
Upside Target	732.40
Upside Target	748.90
Upside Target	760.00

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	661.27
Downside Intraday Target	649.83
Upside Intraday Target	691.07
Upside Intraday Target	709.43
Upside Intraday Target	679.63

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	672.70	693.00	698.00	668.20	0.289 times
01 Fri Nov 2024	691.80	660.00	703.70	640.35	0.859 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

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
04 Mon Nov 2024	672.70	678.95	703.70	668.20	0.06 times
31 Thu Oct 2024	676.60	703.00	732.40	631.05	1.355 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

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 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 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 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 Weak and stock is losing momentum.

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

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 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 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 665.83 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.