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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 2024-12-31 View latest technical analysis

10 day averaged volume of Indian Metals is 88573

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	855.50	827.30	862.00	816.05	0.94 times
30 Mon Dec 2024	832.95	840.40	863.90	826.00	0.867 times
27 Fri Dec 2024	845.45	840.15	854.40	834.00	0.572 times
26 Thu Dec 2024	841.10	869.10	876.35	832.95	0.946 times
24 Tue Dec 2024	871.05	878.90	881.00	863.00	0.736 times
23 Mon Dec 2024	879.30	895.00	905.05	872.10	0.958 times
20 Fri Dec 2024	891.30	934.05	944.00	886.50	1.455 times
19 Thu Dec 2024	935.75	920.10	939.95	908.15	1.231 times
18 Wed Dec 2024	931.85	932.00	962.90	920.50	1.47 times
17 Tue Dec 2024	925.35	942.30	947.10	916.00	0.877 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 864.7, but if it comes above 864.7, then a intra day buy could be more profitable.
If you take a sell trade below 864.7, then use 864.7 as stoploss and 808.3 as target. However if you take a buy trade in stock , then use 864.7 as stoploss and 911.61 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	816.05
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	826.4
Downside Intraday Target	797.3
Upside Intraday Target	874.25
Upside Intraday Target	893
Downside Intraday Target	845.15

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	855.50	840.40	863.90	816.05	0.563 times
27 Fri Dec 2024	845.45	895.00	905.05	832.95	0.542 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

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
31 Tue Dec 2024	855.50	842.55	998.80	816.05	0.558 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 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 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 moving up

CCI has generated a buy signal for Indian Metals in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 887.31 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.