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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 2025-01-22 View latest technical analysis

10 day averaged volume of Indian Metals is 136960

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	848.85	840.00	854.05	809.05	0.724 times
21 Tue Jan 2025	840.70	877.25	883.45	836.15	0.777 times
20 Mon Jan 2025	877.25	903.95	903.95	873.10	0.444 times
17 Fri Jan 2025	896.90	896.25	923.00	886.00	0.668 times
16 Thu Jan 2025	895.95	925.45	957.30	889.70	1.524 times
15 Wed Jan 2025	917.30	918.00	939.95	896.00	0.923 times
14 Tue Jan 2025	904.70	877.00	926.00	874.00	1.332 times
13 Mon Jan 2025	865.20	881.10	932.00	855.05	2.883 times
10 Fri Jan 2025	868.10	892.00	897.85	856.55	0.616 times
09 Thu Jan 2025	899.25	909.00	912.35	892.05	0.321 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 853.2, but if it comes above 853.2, then a intra day buy could be more profitable.
If you take a sell trade below 853.2, then use 853.2 as stoploss and 818.7 as target. However if you take a buy trade in stock , then use 853.2 as stoploss and 881.9 as target.

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	809.05
Downside Target	832.95
Upside Target	855.05
Upside Target	903.95
Upside Target	932.50
Upside Target	946.00
Upside Target	957.30
Upside Target	998.80

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	803.95
Downside Intraday Target	759.05
Upside Intraday Target	898.85
Upside Intraday Target	948.85
Upside Intraday Target	853.95

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	848.85	903.95	903.95	809.05	0.265 times
17 Fri Jan 2025	896.90	881.10	957.30	855.05	1.876 times
10 Fri Jan 2025	868.10	941.00	946.00	856.55	0.954 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

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
22 Wed Jan 2025	848.85	855.65	957.30	809.05	0.654 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 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 Strong 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 getting stronger in this stock.

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 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 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 880.47 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.