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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.

10 day averaged volume of Indian Metals is 681963

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 795.05 798.80 810.50 789.10 0.164 times
20 Thu Jun 2024 791.65 814.95 815.90 789.00 0.194 times
19 Wed Jun 2024 806.20 776.00 817.90 761.40 0.62 times
18 Tue Jun 2024 770.25 781.85 785.00 766.00 0.141 times
14 Fri Jun 2024 777.55 792.55 796.40 775.00 0.193 times
13 Thu Jun 2024 792.30 805.00 805.05 787.05 0.256 times
12 Wed Jun 2024 791.95 862.55 862.55 788.00 2.214 times
11 Tue Jun 2024 862.55 752.60 880.00 750.30 4.936 times
10 Mon Jun 2024 747.85 744.85 784.50 744.85 0.774 times
07 Fri Jun 2024 736.10 727.00 740.00 715.00 0.237 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 798.2 as stoploss in an intra day sell trade for a target of 744.23. However, stock will show a bullish move above 798.2.

Share price targets for Indian Metals (IMFA)

Target Type Value
Downside Target 523.00
Downside Target 569.55
Downside Target 587.05
Downside Target 640.40
Downside Target 664.95
Downside Target 700.50
Downside Target 740.00
Downside Target 761.40
Downside Target 765.00
Downside Target 768.00
Upside Target 817.90
Upside Target 880.00

Intraday share price targets for Indian Metals (IMFA)

Target Type Value
Downside Intraday Target 765
Downside Intraday Target 734.95
Upside Intraday Target 821.5
Upside Intraday Target 847.95
Downside Intraday Target 791.45

Weekly technical analysis of Indian Metals (IMFA)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 795.05 781.85 817.90 761.40 0.134 times
14 Fri Jun 2024 777.55 744.85 880.00 744.85 3.585 times
07 Fri Jun 2024 736.10 718.95 740.00 587.05 2.622 times
31 Fri May 2024 690.70 732.00 740.20 678.20 0.273 times
24 Fri May 2024 730.60 740.75 765.00 700.50 3.861 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
21 Fri Jun 2024 795.05 718.95 880.00 587.05 1.786 times
31 Fri May 2024 690.70 742.00 765.00 642.70 0.492 times
30 Tue Apr 2024 732.40 665.00 768.00 640.40 3.609 times
28 Thu Mar 2024 639.60 612.20 668.00 523.00 0.645 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 gaining momentum.

MACD generated a BUY signal for Indian Metals in short term and the buy signal is strong.

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

Indian Metals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 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 823.26 and Indian Metals (IMFA) stock is trading below this level. This means that stock is falling with high volumes. 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.

Price action analysis of Indian Metals ( (IMFA) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 gaining momentum.

MACD generated a BUY signal for Indian Metals in short term and the buy signal is strong.

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

Indian Metals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 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 823.26 and Indian Metals (IMFA) stock is trading below this level. This means that stock is falling with high volumes. 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.

Click here for Indian Metals charts

Click here for further forecast and predictions for tomorrow

Daily charts

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