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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 2024-12-26 View latest technical analysis

10 day averaged volume of Indian Metals is 116813

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	841.10	869.10	876.35	832.95	0.717 times
24 Tue Dec 2024	871.05	878.90	881.00	863.00	0.558 times
23 Mon Dec 2024	879.30	895.00	905.05	872.10	0.727 times
20 Fri Dec 2024	891.30	934.05	944.00	886.50	1.103 times
19 Thu Dec 2024	935.75	920.10	939.95	908.15	0.934 times
18 Wed Dec 2024	931.85	932.00	962.90	920.50	1.115 times
17 Tue Dec 2024	925.35	942.30	947.10	916.00	0.665 times
16 Mon Dec 2024	942.30	955.00	970.90	933.55	0.673 times
13 Fri Dec 2024	954.70	959.05	965.60	938.00	0.876 times
12 Thu Dec 2024	960.70	985.35	985.35	955.10	0.607 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 866.9, but if it comes above 866.9, then a intra day buy could be more profitable.
If you take a sell trade below 866.9, then use 866.9 as stoploss and 812 as target. However if you take a buy trade in stock , then use 866.9 as stoploss and 912.61 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	732.40
Downside Target	748.90
Downside Target	802.10
Downside Target	832.95
Upside Target	862.00
Upside Target	886.50
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	814.35
Downside Intraday Target	787.6
Upside Intraday Target	886.45
Upside Intraday Target	931.8
Upside Intraday Target	859.7

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	841.10	895.00	905.05	832.95	0.446 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
26 Thu Dec 2024	841.10	842.55	998.80	832.95	0.523 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 down 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 weakening, and bulls are picking up momentum!

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 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 914.54 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.