(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 78740
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||484.75||486.00||494.95||470.50||0.489 times|
|13 Tue Apr 2021||486.00||490.00||499.00||476.90||0.705 times|
|12 Mon Apr 2021||484.25||535.00||540.00||476.65||1.131 times|
|09 Fri Apr 2021||547.15||540.60||560.15||540.60||1.159 times|
|08 Thu Apr 2021||538.15||522.95||552.95||515.00||2.988 times|
|07 Wed Apr 2021||518.80||485.00||534.30||481.90||1.843 times|
|06 Tue Apr 2021||483.80||482.05||494.90||478.50||0.283 times|
|05 Mon Apr 2021||481.45||490.90||505.00||472.00||0.756 times|
|01 Thu Apr 2021||482.25||455.10||495.00||455.00||0.776 times|
|31 Wed Mar 2021||452.35||447.00||458.30||447.00||0.164 times|
My analysis of stock is bullish for shortterm, and stock might move up till 503.9 or till 540.5. Use a stoploss of 473.36 and if this stock hits its stoploss, then it can fall down till 442.82
Share price targets for Indian Metals (IMFA)
Intraday share price targets for Indian Metals (IMFA)
|Downside Intraday Target||456.83|
|Downside Intraday Target||428.92|
|Upside Intraday Target||526.33|
|Upside Intraday Target||567.92|
|Upside Intraday Target||498.42|
Weekly technical analysis of Indian Metals (IMFA)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||484.75||535.00||540.00||470.50||0.331 times|
|09 Fri Apr 2021||547.15||490.90||560.15||472.00||6.196 times|
|01 Thu Apr 2021||482.25||453.40||495.00||446.95||0.682 times|
|26 Fri Mar 2021||449.40||448.90||480.55||436.20||0.664 times|
|19 Fri Mar 2021||435.95||465.00||475.00||430.00||2.099 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|
|15 Thu Apr 2021||484.75||455.10||560.15||455.00||1.14 times|
|31 Wed Mar 2021||452.35||481.60||502.45||430.00||0.422 times|
|25 Thu Feb 2021||496.75||385.15||529.80||385.15||0.752 times|
|29 Fri Jan 2021||393.50||283.10||432.00||279.05||3.425 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||26, 25, 2||Buy|
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing 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 red color and prices are in or above the red 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 positive zone. This is a BUY 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 512.43 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 is giving positive 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.