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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 2024-12-16 View latest technical analysis

10 day averaged volume of Indian Metals is 240268

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	942.30	955.00	970.90	933.55	0.327 times
13 Fri Dec 2024	954.70	959.05	965.60	938.00	0.426 times
12 Thu Dec 2024	960.70	985.35	985.35	955.10	0.295 times
11 Wed Dec 2024	985.35	962.30	998.80	954.85	1.333 times
10 Tue Dec 2024	967.15	968.05	977.00	947.05	0.594 times
09 Mon Dec 2024	960.45	945.95	991.95	939.05	0.986 times
06 Fri Dec 2024	938.20	956.60	964.50	936.00	0.73 times
05 Thu Dec 2024	956.60	890.00	977.80	887.00	3.197 times
04 Wed Dec 2024	884.80	872.00	890.00	867.05	0.579 times
03 Tue Dec 2024	872.35	879.00	887.30	865.00	0.781 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 950.6 as stoploss in an intra day sell trade for a target of 880.81. However, stock will show a bullish move above 950.6.

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	802.10
Downside Target	838.20
Downside Target	933.55
Downside Target	938.00
Upside Target	970.90
Upside Target	977.80
Upside Target	998.80

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	926.93
Downside Intraday Target	911.57
Upside Intraday Target	964.28
Upside Intraday Target	986.27
Upside Intraday Target	948.92

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	942.30	955.00	970.90	933.55	0.09 times
13 Fri Dec 2024	954.70	945.95	998.80	938.00	0.571 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

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
16 Mon Dec 2024	942.30	842.55	998.80	838.20	0.411 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 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 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.

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.

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 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 SELL signal for Indian Metals in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 948.31 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.