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 151787

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	701.20	679.00	706.15	666.00	0.917 times
30 Thu Jan 2025	685.35	701.95	712.60	680.85	1.162 times
29 Wed Jan 2025	692.25	796.10	812.60	685.00	3.755 times
28 Tue Jan 2025	792.25	800.00	816.00	763.60	0.617 times
27 Mon Jan 2025	801.10	835.00	840.00	793.00	0.647 times
24 Fri Jan 2025	847.30	882.80	886.75	840.45	0.397 times
23 Thu Jan 2025	882.80	847.85	899.80	830.10	1.063 times
22 Wed Jan 2025	848.85	840.00	854.05	809.05	0.653 times
21 Tue Jan 2025	840.70	877.25	883.45	836.15	0.701 times
20 Mon Jan 2025	877.25	903.95	903.95	873.10	0.401 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 685.7, for a target of 774 or 847.55

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	618.00
Downside Target	631.05
Downside Target	666.00
Downside Target	700.00
Upside Target	732.40
Upside Target	809.05
Upside Target	840.00
Upside Target	903.95
Upside Target	932.50
Upside Target	946.00
Upside Target	957.30
Upside Target	998.80

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	631.47
Downside Intraday Target	561.73
Upside Intraday Target	805.47
Upside Intraday Target	909.73
Upside Intraday Target	735.73

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	701.20	835.00	840.00	666.00	2.208 times
24 Fri Jan 2025	847.30	903.95	903.95	809.05	0.486 times
17 Fri Jan 2025	896.90	881.10	957.30	855.05	1.876 times
10 Fri Jan 2025	868.10	941.00	946.00	856.55	0.954 times
03 Fri Jan 2025	900.90	840.40	932.50	816.05	1.972 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indian Metals (IMFA)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	701.20	855.65	957.30	666.00	1.04 times
31 Tue Dec 2024	855.50	842.55	998.80	816.05	0.558 times
29 Fri Nov 2024	842.15	678.95	862.00	668.20	2.544 times
31 Thu Oct 2024	676.60	703.00	732.40	631.05	1.355 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 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 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 mid to longer 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

ADX buy sell signal for Indian Metals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Indian Metals in short term and the sell signal is strong.

Indian Metals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 757.89 and Indian Metals (IMFA) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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