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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.

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)

Target Type Value
Downside Target 252.60
Downside Target 279.05
Downside Target 320.00
Downside Target 385.15
Downside Target 430.00
Downside Target 446.95
Downside Target 470.50
Upside Target 495.00
Upside Target 502.45
Upside Target 529.80
Upside Target 540.00
Upside Target 560.15

Intraday share price targets for Indian Metals (IMFA)

Target Type Value
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
MACD 28, 28Buy
Stochastics 34None
CCI -41Sell
RSI 50Buy
OBV 420583Sell
VWAP 512Sell
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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.

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Daily charts

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