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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 2025-02-06 View latest technical analysis

10 day averaged volume of Indian Metals is 175966

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	711.85	703.75	718.45	700.05	0.409 times
05 Wed Feb 2025	703.75	720.00	726.40	694.95	0.937 times
04 Tue Feb 2025	721.00	704.85	734.60	702.05	1.217 times
03 Mon Feb 2025	689.20	693.40	697.20	677.30	0.463 times
31 Fri Jan 2025	701.20	679.00	706.15	666.00	0.791 times
30 Thu Jan 2025	685.35	701.95	712.60	680.85	1.003 times
29 Wed Jan 2025	692.25	796.10	812.60	685.00	3.239 times
28 Tue Jan 2025	792.25	800.00	816.00	763.60	0.533 times
27 Mon Jan 2025	801.10	835.00	840.00	793.00	0.558 times
24 Fri Jan 2025	847.30	882.80	886.75	840.45	0.343 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 723.4, but if it comes above 723.4, then a intra day buy could be more profitable.
If you take a sell trade below 723.4, then use 723.4 as stoploss and 622.8 as target. However if you take a buy trade in stock , then use 723.4 as stoploss and 807.15 as target.

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	631.05
Downside Target	666.00
Upside Target	732.40
Upside Target	809.05
Upside Target	840.00
Upside Target	856.55
Upside Target	862.00
Upside Target	903.95
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	681.23
Downside Intraday Target	650.62
Upside Intraday Target	738.53
Upside Intraday Target	765.22
Downside Intraday Target	707.92

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	711.85	693.40	734.60	677.30	0.494 times
31 Fri Jan 2025	701.20	835.00	840.00	666.00	2.208 times
24 Fri Jan 2025	847.30	903.95	903.95	809.05	0.486 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

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
06 Thu Feb 2025	711.85	693.40	734.60	677.30	0.152 times
31 Fri Jan 2025	701.20	855.65	957.30	666.00	1.04 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

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Indian Metals ( (IMFA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.

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 below 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 SELL signal in short term and selling is picking up 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 715.4 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.