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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 2024-12-09 View latest technical analysis

10 day averaged volume of Indian Metals is 247073

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	960.45	945.95	991.95	939.05	0.958 times
06 Fri Dec 2024	938.20	956.60	964.50	936.00	0.71 times
05 Thu Dec 2024	956.60	890.00	977.80	887.00	3.109 times
04 Wed Dec 2024	884.80	872.00	890.00	867.05	0.563 times
03 Tue Dec 2024	872.35	879.00	887.30	865.00	0.759 times
02 Mon Dec 2024	871.10	842.55	875.00	838.20	1.049 times
29 Fri Nov 2024	842.15	848.00	862.00	830.15	0.851 times
28 Thu Nov 2024	840.60	829.25	850.00	822.00	0.652 times
27 Wed Nov 2024	824.90	842.00	858.95	820.00	0.756 times
26 Tue Nov 2024	840.20	816.50	849.70	802.10	0.819 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 976.1, for a target of 896.2 or 829.69

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	862.00
Downside Target	939.05
Upside Target	977.80
Upside Target	991.95

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	935.68
Downside Intraday Target	910.92
Upside Intraday Target	988.58
Upside Intraday Target	1016.72
Upside Intraday Target	963.82

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	960.45	945.95	991.95	939.05	0.155 times
06 Fri Dec 2024	938.20	842.55	977.80	838.20	1.625 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

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
09 Mon Dec 2024	960.45	842.55	991.95	838.20	0.293 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 tired and bears are picking up momentum.

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

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 900.73 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.