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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 2024-12-03 View latest technical analysis

10 day averaged volume of Indian Metals is 287240

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	872.35	879.00	887.30	865.00	0.653 times
02 Mon Dec 2024	871.10	842.55	875.00	838.20	0.902 times
29 Fri Nov 2024	842.15	848.00	862.00	830.15	0.732 times
28 Thu Nov 2024	840.60	829.25	850.00	822.00	0.561 times
27 Wed Nov 2024	824.90	842.00	858.95	820.00	0.65 times
26 Tue Nov 2024	840.20	816.50	849.70	802.10	0.704 times
25 Mon Nov 2024	816.05	846.00	848.50	805.00	0.629 times
22 Fri Nov 2024	825.95	808.95	848.00	803.50	2.68 times
21 Thu Nov 2024	799.70	757.25	806.00	750.00	1.839 times
19 Tue Nov 2024	760.15	772.85	778.70	753.00	0.385 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 839.9, but if it comes below 839.9, then a intra day sell could be more profitable.
If you take a sell trade below 839.9, then use 839.9 as stoploss and 782.59 as target. However if you take a buy trade in stock , then use 839.9 as stoploss and 908.6 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	700.00
Downside Target	722.00
Downside Target	748.90
Downside Target	789.75
Downside Target	838.20
Downside Target	848.00
Downside Target	862.00
Upside Target	887.30

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	844.6
Downside Intraday Target	816.85
Upside Intraday Target	893.7
Upside Intraday Target	915.05
Downside Intraday Target	865.95

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	872.35	842.55	887.30	838.20	0.475 times
29 Fri Nov 2024	842.15	846.00	862.00	802.10	0.563 times
22 Fri Nov 2024	825.95	736.00	848.00	722.00	2.748 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

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
03 Tue Dec 2024	872.35	842.55	887.30	838.20	0.074 times
29 Fri Nov 2024	842.15	678.95	862.00	668.20	2.544 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

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 828.07 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.