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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 2025-01-09 View latest technical analysis

10 day averaged volume of Indian Metals is 110235

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu Jan 2025	899.25	909.00	912.35	892.05	0.399 times
08 Wed Jan 2025	907.25	929.00	933.20	904.95	0.637 times
07 Tue Jan 2025	926.85	905.00	937.00	898.55	0.792 times
06 Mon Jan 2025	900.40	941.00	946.00	879.30	2.262 times
03 Fri Jan 2025	900.90	910.10	912.95	896.75	0.519 times
02 Thu Jan 2025	910.70	892.00	932.50	892.00	1.674 times
01 Wed Jan 2025	902.60	855.65	914.95	854.75	1.445 times
31 Tue Dec 2024	855.50	827.30	862.00	816.05	0.755 times
30 Mon Dec 2024	832.95	840.40	863.90	826.00	0.697 times
27 Fri Dec 2024	845.45	840.15	854.40	834.00	0.46 times

My analysis of stock is bearish for shortterm, and stock might move down till 864.3 or till 820.6. Use a stoploss of 900.76 and if the stock hits stoploss, then it can shoot up till 937.19

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	618.00
Downside Target	631.05
Downside Target	668.20
Downside Target	700.00
Downside Target	732.40
Downside Target	816.05
Downside Target	832.95
Downside Target	854.75
Downside Target	879.30
Upside Target	905.05
Upside Target	932.50
Upside Target	946.00
Upside Target	970.90
Upside Target	998.80

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	870.37
Downside Intraday Target	841.48
Upside Intraday Target	937.07
Upside Intraday Target	974.88
Upside Intraday Target	908.18

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu Jan 2025	899.25	941.00	946.00	879.30	0.804 times
03 Fri Jan 2025	900.90	840.40	932.50	816.05	1.972 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

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
09 Thu Jan 2025	899.25	855.65	946.00	854.75	0.253 times
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

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 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 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 BUY. Signal strength is Strong 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 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 in or below 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 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 894.11 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.