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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 2025-01-23 View latest technical analysis

10 day averaged volume of Indian Metals is 139859

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	882.80	847.85	899.80	830.10	1.154 times
22 Wed Jan 2025	848.85	840.00	854.05	809.05	0.709 times
21 Tue Jan 2025	840.70	877.25	883.45	836.15	0.761 times
20 Mon Jan 2025	877.25	903.95	903.95	873.10	0.435 times
17 Fri Jan 2025	896.90	896.25	923.00	886.00	0.654 times
16 Thu Jan 2025	895.95	925.45	957.30	889.70	1.492 times
15 Wed Jan 2025	917.30	918.00	939.95	896.00	0.904 times
14 Tue Jan 2025	904.70	877.00	926.00	874.00	1.305 times
13 Mon Jan 2025	865.20	881.10	932.00	855.05	2.823 times
10 Fri Jan 2025	868.10	892.00	897.85	856.55	0.603 times

My analysis of stock is bearish for shortterm, and stock might move down till 856.8 or till 824.3. Use a stoploss of 883.98 and if the stock hits stoploss, then it can shoot up till 911.13

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
Downside 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	826.58
Downside Intraday Target	770.37
Upside Intraday Target	921.48
Upside Intraday Target	960.17
Downside Intraday Target	865.27

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	882.80	903.95	903.95	809.05	0.426 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
23 Thu Jan 2025	882.80	855.65	957.30	809.05	0.702 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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red 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 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 880.18 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 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.