IMFA - 2 Months Consolidation / All TIme High Breakout
Indian Metals & Ferro Alloys Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (February, 2024). Now It has given a Consolidation breakout & Closed above it's (January, 2024) High with good bullish momentum candle & with good volume in Weekly Time Frame - All Time High Closing.
3) The stock may find It's next resistance around the (price 805) in short term.
5) Recommendation - Good Buy
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (February, 2024). Now It has given a Consolidation breakout & Closed above it's (January, 2024) High with good bullish momentum candle & with good volume in Weekly Time Frame - All Time High Closing.
3) The stock may find It's next resistance around the (price 805) in short term.
5) Recommendation - Good Buy
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.