IMFA heading towards 1000?

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Date: 22 Sep’24
Stock: Indian Metals and Ferro Alloys (IMFA)
Timeframe: Daily

As mentioned in my idea posted on 10 Sep’24 (link is in Related Ideas section), IMFA seems to have completed Wave IV of 3 on 13 Sep’24 and begun Wave V impulse towards 950 as seen in the chart. It can very well go past 1000 as well, only further moves can confirm this.

This is not a trade recommendation. Please do your own analysis.
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Wave V of 3 in progress. High of 732 today (17% up since analysis)
elliottwaveideasIMFATechnical IndicatorsJSWSTEELmediumtermtrademetalsectorsteelauthorityofindiasteelsectortatasteelTrend AnalysisvedantaWave Analysis

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