Indian Metals cmp 1448.60 Daily ChartIndian Metals cmp 1448.60 Daily Chart
- Support Zone 1250 to q385 Price Band
- Resistance Zone 1455 to 1585 Price Band
- Making High High Lower High closure pattern
- Bullish Rounding Bottoms by Resistance neckline
- QoQ good results expected buying Volumes spike
- Breakout sustained from Falling Resistance Trendline
Indianmetalsandferro
Indian Metals & Ferro Alloy: Flag & Pole BONSE:IMFA Breaks out of the Flag & Pole Pattern with Huge Volumes today.
Price Action Analysis:
- Stock experienced a significant decline from highs around 998.80 to lows near 549.80, representing approximately a 45% correction
- Recent breakout above 720 levels shows strong momentum reversal
- Current price at 772.50 (+ 7.77%) indicates bullish sentiment returning
- Higher highs and higher lows pattern emerging on the right side of the chart
Volume Spread Analysis:
- Volume spike coincidi



