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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