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.

Showing technical analysis as on 2024-03-05 View latest technical analysis

10 day averaged volume of Indian Metals is 108493

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	628.50	627.00	638.00	612.75	0.811 times
04 Mon Mar 2024	626.25	632.00	649.00	619.20	0.931 times
02 Sat Mar 2024	630.90	627.15	635.00	625.10	0.102 times
01 Fri Mar 2024	622.95	612.20	629.30	612.20	0.849 times
29 Thu Feb 2024	609.50	592.20	611.35	587.30	1.025 times
28 Wed Feb 2024	601.80	641.00	641.00	597.55	1.475 times
27 Tue Feb 2024	635.20	650.00	655.00	630.90	1.112 times
26 Mon Feb 2024	643.25	633.00	659.90	633.00	1.837 times
23 Fri Feb 2024	632.60	635.00	642.20	625.20	0.673 times
22 Thu Feb 2024	632.70	639.00	641.00	627.80	0.673 times

My analysis of stock is bullish for shortterm, and stock might move up till 642.6 or till 662. Use a stoploss of 626.41 and if this stock hits its stoploss, then it can fall down till 610.24

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	427.45
Downside Target	471.60
Downside Target	538.00
Downside Target	569.55
Downside Target	587.30
Downside Target	605.10
Upside Target	649.00
Upside Target	656.40
Upside Target	659.90
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	611.17
Downside Intraday Target	593.83
Upside Intraday Target	647.42
Upside Intraday Target	666.33
Upside Intraday Target	630.08

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	628.50	632.00	649.00	612.75	0.272 times
02 Sat Mar 2024	630.90	633.00	659.90	587.30	1.453 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

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
05 Tue Mar 2024	628.50	612.20	649.00	612.20	0.074 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

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 SELL signal for Indian Metals in short term and SELL 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 625.84 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.