Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-19 View latest technical analysis

10 day averaged volume of Indian Metals is 363592

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	760.15	772.85	778.70	753.00	0.304 times
18 Mon Nov 2024	772.85	736.00	778.00	722.00	0.725 times
14 Thu Nov 2024	736.25	739.70	748.25	729.05	0.502 times
13 Wed Nov 2024	742.90	751.10	767.80	734.00	0.324 times
12 Tue Nov 2024	760.65	768.20	783.25	756.00	0.339 times
11 Mon Nov 2024	763.20	785.90	789.75	756.60	0.509 times
08 Fri Nov 2024	784.80	733.25	799.50	722.40	6.09 times
07 Thu Nov 2024	722.40	725.00	730.00	712.05	0.445 times
06 Wed Nov 2024	715.25	693.75	719.00	688.10	0.558 times
05 Tue Nov 2024	687.60	673.10	694.35	671.10	0.265 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 750.3, but if it comes below 750.3, then a intra day sell could be more profitable.
If you take a sell trade below 750.3, then use 750.3 as stoploss and 705.29 as target. However if you take a buy trade in stock , then use 750.3 as stoploss and 804.3 as target.

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	618.00
Downside Target	631.05
Downside Target	659.00
Downside Target	693.35
Downside Target	722.00
Downside Target	732.40
Downside Target	748.90
Downside Target	760.00
Upside Target	778.70
Upside Target	789.75
Upside Target	799.50

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	728.53
Downside Intraday Target	696.92
Upside Intraday Target	785.23
Upside Intraday Target	810.32
Downside Intraday Target	753.62

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	760.15	736.00	778.70	722.00	0.615 times
14 Thu Nov 2024	736.25	785.90	789.75	729.05	0.22 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

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
19 Tue Nov 2024	760.15	678.95	799.50	668.20	1.601 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, and volume has increased substantially. This means that the move can 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 768.34 and Indian Metals (IMFA) stock is trading below this level. This means that stock is falling with high volumes. 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.