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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 2024-02-26 View latest technical analysis

10 day averaged volume of Indian Metals is 183388

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	643.25	633.00	659.90	633.00	1.087 times
23 Fri Feb 2024	632.60	635.00	642.20	625.20	0.398 times
22 Thu Feb 2024	632.70	639.00	641.00	627.80	0.398 times
21 Wed Feb 2024	636.25	641.75	664.95	624.90	0.783 times
20 Tue Feb 2024	636.65	638.90	645.85	626.55	0.602 times
19 Mon Feb 2024	638.95	642.00	650.45	635.00	0.426 times
16 Fri Feb 2024	637.65	657.00	657.00	635.20	1.489 times
15 Thu Feb 2024	654.30	629.95	663.20	627.35	2.676 times
14 Wed Feb 2024	627.35	583.10	639.35	580.00	1.23 times
13 Tue Feb 2024	585.75	594.10	601.50	569.55	0.941 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 650.8 as stoploss in an intra day sell trade for a target of 631.23. However, stock will show a bullish move above 650.8.

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	387.25
Downside Target	427.45
Downside Target	450.90
Downside Target	471.60
Downside Target	522.95
Downside Target	538.00
Downside Target	569.55
Downside Target	605.10
Downside Target	624.90
Upside Target	656.40
Upside Target	663.20
Upside Target	664.95
Upside Target	687.65

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	630.87
Downside Intraday Target	618.48
Upside Intraday Target	657.77
Upside Intraday Target	672.28
Upside Intraday Target	645.38

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	643.25	633.00	659.90	633.00	0.417 times
23 Fri Feb 2024	632.60	642.00	664.95	624.90	0.353 times
16 Fri Feb 2024	637.65	620.00	663.20	569.55	1.976 times
09 Fri Feb 2024	620.60	639.80	656.40	605.10	0.098 times
02 Fri Feb 2024	634.90	523.00	687.65	522.95	13.266 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
26 Mon Feb 2024	643.25	661.70	664.95	569.55	0.411 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
30 Thu Nov 2023	523.90	435.05	538.00	427.45	2.169 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 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 neutral. A longer time frame might give a better analysis.

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 SELL signal for Indian Metals in short term but the sell signal is initial and weak.

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 stronger in this stock.

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

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 636.06 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.