IMFA is consolidating in a range since last 4 months and trading above the range. Can accumulate at CMP & above 302 chart is looking good. Keep on radar. Fundamentals are supportive to achieve all time high levels again.
Trendline broken, retaking support RSI at 65 Go long Stop loss at 465 Hold for 512, 532
the circle shows on each time how traders were snapped out of their position on either side. now on crucial support. looks like metals will go down further as CB's world over wants to curb inflation !!!
All detail for chat. good entry at mark price only. and must stoploss is 390 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
breakout with very high volume in Indian Metals & Ferro Alloys Limited
Crossing 459.70 for upside Zone for accumulation on Intraday between 408 - 459.70 Q1 RRG All in momentum Worth for Intraday Pullback entries!
With significant sector tailwinds the stock might be close to breaking out. Initially take a 50% position above 453 and then look to double up above 475. Stoploss for the trade 425
Indian Metals and Ferro Alloys Limited (IMFA) is a leading, fully integrated producer of Ferro Chrome in India which is primarily used in the production of stainless steel. It was set up in 1961.
As of now this is the safest stock upto Jan(thier record date of bonus) Technical: 1. Price is above the cloud and Lagging span above the cloud and candle close 2. Daily MACD crossover 3. Daily RSI positive Fundamental: 1. Bonus candidate ...
Educational Idea Indian Metal looking Good Buying Range-927-975 SL-885
ATH Breakout With Marubozu Candle Volume increased 5 months consolidation Only for educational purpose
Indian Metals & Ferro Alloys Ltd. CMP: 847 SL: 700(CB) Target: 990/1200/1500
watch this for trendline breakout, continuously trading just below the trendline. for a safer bet one can enter above 836 level to confirm higher high pattern for a potential 20% upside.
CMP- 785 SL- 740 close basis Target - 980-1000 levels 17/8/21 - Breakout and retracement above previous ATH levels- - Support zone 740-800 levels - Above all major EMA - Volume surge on breakout with weaker pullback - Delivery VOL in pas days have been exceptional - Long wick candles at support level indicating buyers standing there - - Fundamentals positive
metal Sector on fire ,as metal sector moves is cyclic in nature!! this script take time but defiantly achieve it target RSI IS BULLISH ALL INDICATOR SUPPORTING THIS MOVES... HOLD FOR MINIMUM 1YR
Montly resistance broken with strong green candle and volume. Its still a buy above 980 day high for short term target of 1500 For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade...
The metal sector looks strong right now and the breakout candle is strong with good volumes.