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 2024-12-02 View latest technical analysis

10 day averaged volume of Indian Metals is 279559

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	871.10	842.55	875.00	838.20	0.927 times
29 Fri Nov 2024	842.15	848.00	862.00	830.15	0.753 times
28 Thu Nov 2024	840.60	829.25	850.00	822.00	0.576 times
27 Wed Nov 2024	824.90	842.00	858.95	820.00	0.668 times
26 Tue Nov 2024	840.20	816.50	849.70	802.10	0.724 times
25 Mon Nov 2024	816.05	846.00	848.50	805.00	0.646 times
22 Fri Nov 2024	825.95	808.95	848.00	803.50	2.754 times
21 Thu Nov 2024	799.70	757.25	806.00	750.00	1.889 times
19 Tue Nov 2024	760.15	772.85	778.70	753.00	0.395 times
18 Mon Nov 2024	772.85	736.00	778.00	722.00	0.943 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 830.2, but if it comes below 830.2, then a intra day sell could be more profitable.
If you take a sell trade below 830.2, then use 830.2 as stoploss and 773.56 as target. However if you take a buy trade in stock , then use 830.2 as stoploss and 898.2 as target.

Share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Target	618.00
Downside Target	631.05
Downside Target	659.00
Downside Target	700.00
Downside Target	722.00
Downside Target	748.90
Downside Target	789.75
Downside Target	838.20
Downside Target	848.00
Downside Target	862.00
Upside Target	875.00

Intraday share price targets for Indian Metals (IMFA)

Target Type	Value
Downside Intraday Target	847.87
Downside Intraday Target	824.63
Upside Intraday Target	884.67
Upside Intraday Target	898.23
Downside Intraday Target	861.43

Weekly technical analysis of Indian Metals (IMFA)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	871.10	842.55	875.00	838.20	0.275 times
29 Fri Nov 2024	842.15	846.00	862.00	802.10	0.563 times
22 Fri Nov 2024	825.95	736.00	848.00	722.00	2.748 times
14 Thu Nov 2024	736.25	785.90	789.75	729.05	0.22 times
08 Fri Nov 2024	784.80	693.00	799.50	668.20	9.019 times

Price has moved up 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
02 Mon Dec 2024	871.10	842.55	875.00	838.20	0.043 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
30 Mon Sep 2024	696.80	670.00	700.00	618.00	1.495 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 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 Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indian Metals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 buy signal for Indian Metals in short term and BUY 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 820.11 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 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.