After a long negative trend a likely hanging man pattern was seen in the beginning of this week in Indian Metal and Ferro Alloys LTD (IMFA) and there can be a likely buy signal to be seen next week on Monday or Wednesday at 601 and it is expected to cross 700 with a target set a 736 in about a month likely around June first week.
Likely Hanging man in IMFA.
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Stock Analysis
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