Stock analysis Indian Metals & Ferro Alloys Limited IMFA
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Recent prices of IMFA Indian Metals & Ferro Alloys Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 03 Fri May 2024 | 738.35 | 725.05 to 752.85 | -1.01% | 0.87 times |
| 02 Thu May 2024 | 745.90 | 732.40 to 749.80 | 1.84% | 1.34 times |
| 30 Tue Apr 2024 | 732.40 | 727.55 to 745.20 | 1.03% | 1.19 times |
| 29 Mon Apr 2024 | 724.90 | 719.05 to 737.00 | 0.51% | 0.71 times |
| 26 Fri Apr 2024 | 721.20 | 717.00 to 739.00 | -2.19% | 0.72 times |
| 25 Thu Apr 2024 | 737.35 | 705.10 to 740.75 | 3.9% | 1.17 times |
| 24 Wed Apr 2024 | 709.70 | 685.55 to 715.00 | 2.7% | 1.31 times |
| 23 Tue Apr 2024 | 691.05 | 675.15 to 695.00 | 1.74% | 0.56 times |
| 22 Mon Apr 2024 | 679.25 | 675.35 to 697.95 | 0.64% | 0.47 times |
| 19 Fri Apr 2024 | 674.90 | 657.60 to 694.95 | 0.69% | 1.64 times |
| 18 Thu Apr 2024 | 670.30 | 665.00 to 700.45 | -2.25% | 0.9 times |
| 16 Tue Apr 2024 | 685.70 | 682.05 to 714.20 | -1.71% | 1.02 times |
Technical analysis forecast of Indian Metals & Ferro Alloys Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Indian Metals & Ferro Alloys Limited IMFA at this time. Stock is rising and might rise more.
It appears as if Indian Metals & Ferro Alloys Limited IMFA gave a large move recently.
Stock of Indian Metals & Ferro Alloys Limited (IMFA) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Indian Metals & Ferro Alloys Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Indian Metals & Ferro Alloys Limited stays above 729.9, but if it comes below 729.9, then a intra day sell could be more profitable.
If you take a sell trade below 729.9, then use 729.9 as stoploss and 704.8 as target. However if you take a buy trade in Indian Metals & Ferro Alloys Limited, then use 729.9 as stoploss and 760 as target.