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 2024-12-23 View latest technical analysis

10 day averaged volume of Indian Metals is 139756

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	879.30	895.00	905.05	872.10	0.607 times
20 Fri Dec 2024	891.30	934.05	944.00	886.50	0.922 times
19 Thu Dec 2024	935.75	920.10	939.95	908.15	0.78 times
18 Wed Dec 2024	931.85	932.00	962.90	920.50	0.932 times
17 Tue Dec 2024	925.35	942.30	947.10	916.00	0.556 times
16 Mon Dec 2024	942.30	955.00	970.90	933.55	0.562 times
13 Fri Dec 2024	954.70	959.05	965.60	938.00	0.733 times
12 Thu Dec 2024	960.70	985.35	985.35	955.10	0.507 times
11 Wed Dec 2024	985.35	962.30	998.80	954.85	2.293 times
10 Tue Dec 2024	967.15	968.05	977.00	947.05	1.021 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 861.4 as stoploss in an intra day buy trade for a target of 910.26. However, stock will show a bearish move below 861.4.

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	732.40
Downside Target	748.90
Downside Target	802.10
Downside Target	838.20
Downside Target	862.00
Upside Target	905.05
Upside 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	865.92
Downside Intraday Target	852.53
Upside Intraday Target	898.87
Upside Intraday Target	918.43
Upside Intraday Target	885.48

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	879.30	895.00	905.05	872.10	0.162 times
20 Fri Dec 2024	891.30	955.00	970.90	886.50	0.601 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

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
23 Mon Dec 2024	879.30	842.55	998.80	838.20	0.499 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Indian Metals in short term but the sell signal is initial and weak.

Indian Metals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Indian Metals in short term and SELL signal is strong!

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 945.99 and Indian Metals (IMFA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.