Stock analysis Indian Metals & Ferro Alloys Limited IMFA
More indepth analysis on MunafaSutra.com
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 |
30 Thu Jan 2025 | 685.35 | 680.85 to 712.60 | -1% | 1.14 times |
29 Wed Jan 2025 | 692.25 | 685.00 to 812.60 | -12.62% | 3.68 times |
28 Tue Jan 2025 | 792.25 | 763.60 to 816.00 | -1.1% | 0.6 times |
27 Mon Jan 2025 | 801.10 | 793.00 to 840.00 | -5.45% | 0.63 times |
24 Fri Jan 2025 | 847.30 | 840.45 to 886.75 | -4.02% | 0.39 times |
23 Thu Jan 2025 | 882.80 | 830.10 to 899.80 | 4% | 1.04 times |
22 Wed Jan 2025 | 848.85 | 809.05 to 854.05 | 0.97% | 0.64 times |
21 Tue Jan 2025 | 840.70 | 836.15 to 883.45 | -4.17% | 0.69 times |
20 Mon Jan 2025 | 877.25 | 873.10 to 903.95 | -2.19% | 0.39 times |
17 Fri Jan 2025 | 896.90 | 886.00 to 923.00 | 0.11% | 0.59 times |
16 Thu Jan 2025 | 895.95 | 889.70 to 957.30 | -2.33% | 1.35 times |
15 Wed Jan 2025 | 917.30 | 896.00 to 939.95 | 1.39% | 0.82 times |
Technical analysis forecast for Indian Metals & Ferro Alloys Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Indian Metals & Ferro Alloys Limited IMFA at this time. Stock is falling and might fall 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 below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
Although my analysis for Indian Metals & Ferro Alloys Limited 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 688.1, for a target of 766.7 or 832.15