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 2024-04-16 View latest technical analysis

10 day averaged volume of Indian Metals is 716224

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	685.70	696.05	714.20	682.05	0.297 times
15 Mon Apr 2024	697.65	679.00	722.50	679.00	0.334 times
12 Fri Apr 2024	722.25	736.00	741.50	717.00	0.523 times
10 Wed Apr 2024	737.15	750.90	755.00	729.50	0.53 times
09 Tue Apr 2024	758.05	730.45	768.00	723.00	1.164 times
08 Mon Apr 2024	730.25	736.65	742.00	705.35	0.574 times
05 Fri Apr 2024	737.15	740.00	749.80	725.25	0.639 times
04 Thu Apr 2024	731.05	736.90	749.00	721.00	0.893 times
03 Wed Apr 2024	732.05	656.10	745.00	649.00	4.639 times
02 Tue Apr 2024	649.10	658.00	658.00	645.00	0.268 times

My analysis of stock is bullish for shortterm, and stock might move up till 726.2 or till 806.4. Use a stoploss of 659.41 and if this stock hits its stoploss, then it can fall down till 592.58

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	471.60
Downside Target	523.00
Downside Target	548.70
Downside Target	569.55
Downside Target	615.50
Downside Target	640.40
Downside Target	664.95
Upside Target	687.65
Upside Target	705.35
Upside Target	722.50
Upside Target	749.80
Upside Target	768.00

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	668.97
Downside Intraday Target	652.23
Upside Intraday Target	712.47
Upside Intraday Target	739.23
Upside Intraday Target	695.73

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	685.70	679.00	722.50	679.00	0.226 times
12 Fri Apr 2024	722.25	736.65	768.00	705.35	0.406 times
05 Fri Apr 2024	737.15	665.00	749.80	640.40	5.708 times
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

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
16 Tue Apr 2024	685.70	665.00	768.00	640.40	2.899 times
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

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 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 short 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 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 Weak and stock is gaining momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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 and the buying is gaining 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 730.19 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.