Mobile app version of munafa.org
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 183829

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 639.60 631.00 648.40 630.00 0.493 times
27 Wed Mar 2024 628.60 635.00 643.00 625.60 0.856 times
26 Tue Mar 2024 633.90 615.50 668.00 615.50 3.345 times
22 Fri Mar 2024 615.25 587.90 619.75 586.75 0.6 times
21 Thu Mar 2024 589.30 577.00 594.80 569.90 0.654 times
20 Wed Mar 2024 571.60 560.60 578.15 548.70 0.443 times
19 Tue Mar 2024 557.95 568.35 585.30 551.05 1.435 times
18 Mon Mar 2024 567.75 557.20 572.20 557.20 0.535 times
15 Fri Mar 2024 557.15 561.50 572.20 538.50 0.583 times
14 Thu Mar 2024 565.30 523.00 568.65 523.00 0.713 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 629, but if it comes below 629, then a intra day sell could be more profitable.
If you take a sell trade below 629, then use 629 as stoploss and 598.2 as target. However if you take a buy trade in stock , then use 629 as stoploss and 665.9 as target.

Share price targets for Indian Metals (IMFA)

Target Type Value
Downside Target 427.45
Downside Target 471.60
Downside Target 523.00
Downside Target 538.00
Downside Target 569.55
Downside Target 587.30
Downside Target 599.15
Downside Target 611.55
Upside Target 649.00
Upside Target 659.90
Upside Target 664.95
Upside Target 668.00
Upside Target 687.65

Intraday share price targets for Indian Metals (IMFA)

Target Type Value
Downside Intraday Target 614.07
Downside Intraday Target 588.53
Upside Intraday Target 666.57
Upside Intraday Target 693.53
Upside Intraday Target 641.03

Weekly technical analysis of Indian Metals (IMFA)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 639.60 615.50 668.00 615.50 1.28 times
22 Fri Mar 2024 615.25 557.20 619.75 548.70 1.141 times
15 Fri Mar 2024 557.15 607.55 611.55 523.00 1.886 times
07 Thu Mar 2024 607.05 632.00 649.00 599.15 0.451 times
02 Sat Mar 2024 630.90 633.00 659.90 587.30 1.453 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
28 Thu Mar 2024 639.60 612.20 668.00 523.00 0.645 times
29 Thu Feb 2024 609.50 661.70 664.95 569.55 0.456 times
31 Wed Jan 2024 657.40 500.50 687.65 471.60 2.141 times
29 Fri Dec 2023 499.35 525.00 572.60 477.85 0.58 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 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 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 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Indian Metals in short term and BUY 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

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 602.04 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.

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 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 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 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Indian Metals in short term and BUY 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

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 602.04 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.

Click here for Indian Metals charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme