IMFA technical summary

At ₹1,091.2, Indian Metals & Ferro Alloys Ltd is trading 11.5% below its 50-day average of ₹1,232.57 and 18.2% below its 200-day average of ₹1,333.88. The 14-day RSI is 32.3, in the neutral range between 30 and 70. MACD is -41.82 against a signal line of -40.25, so the MACD line sits below its signal line. ADX(14) reads 47.9, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹1,051.1 to ₹1,679.9, with the price 6% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹1,093.33, resistance ₹1,114.77 and ₹1,123.03, support ₹1,085.07 and ₹1,063.63.