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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 2024-11-11 View latest technical analysis

10 day averaged volume of Indian Metals is 307030

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	763.20	785.90	789.75	756.60	0.603 times
08 Fri Nov 2024	784.80	733.25	799.50	722.40	7.212 times
07 Thu Nov 2024	722.40	725.00	730.00	712.05	0.527 times
06 Wed Nov 2024	715.25	693.75	719.00	688.10	0.661 times
05 Tue Nov 2024	687.60	673.10	694.35	671.10	0.314 times
04 Mon Nov 2024	672.70	693.00	698.00	668.20	0.289 times
01 Fri Nov 2024	691.80	678.95	703.70	678.90	0.172 times
31 Thu Oct 2024	676.60	675.00	682.85	668.25	0.08 times
30 Wed Oct 2024	678.25	660.00	692.75	655.20	0.383 times
29 Tue Oct 2024	656.80	651.90	659.45	640.35	0.156 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 770.4, for a target of 727.8 or 692.33

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	618.00
Downside Target	631.05
Downside Target	659.00
Downside Target	684.90
Downside Target	732.40
Downside Target	748.90
Downside Target	756.60
Downside Target	760.00
Upside Target	789.75
Upside Target	799.50

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	749.95
Downside Intraday Target	736.7
Upside Intraday Target	783.1
Upside Intraday Target	803
Upside Intraday Target	769.85

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	763.20	785.90	789.75	756.60	0.067 times
08 Fri Nov 2024	784.80	693.00	799.50	668.20	9.019 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

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
11 Mon Nov 2024	763.20	678.95	799.50	668.20	1.265 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 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 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.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 buy signal for Indian Metals in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 761.71 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.