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SHRIHARII

IMFA - 2 Months Consolidation / All TIme High Breakout

Long
INDIAN METALS & FE (NSE:IMFA)  
SHRIHARII  
NSE:IMFA   INDIAN METALS & FE
Trend Analysis Fundamental Analysis Beyond Technical Analysis consolidation-breakout alltimehigh breakouttrading weeklybreakout VOLUMEBREAKOUT shorttermbull bullishmomentum buyzoon
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trendanalysis fundamental beyondta consolidation-breakout alltimehigh breakouttrading weeklybreakout volumebreakout shorttermbull bullishmomentum buyzoon
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
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