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SHEETAL_UDESHI
Jul 21, 2023 2:50 PM

IndiaMart Cmp 3151 Rectangle BO, Volume Rise, RSI BO Long

INDIAMART INTERMESH LTDNSE

Description

Results:
Q1-FY24 Jun 23 Jun 22 Growth
Revenue 282 225 25%
Gross Profit 70 58 20%
Net Profit 94 54 74%

Buy Back Offer @ Rs 4000

IndiaMart Cmp 3151 dated 21-7-2023

1. Rectangle BO @ 3052 (done)
2. RSI BO
3. Price Rise with Volume Rise
4. Quarterly result move

Buy above 3160 target 3250-3350-3500 SL 3000

Note :If opens gap up or down than wait for the price to settle.

It is just a view, please trade at your own risk.


Comments
sumanpanchal888
very good analysis.
SHEETAL_UDESHI
@sumanpanchal888, Thank u:)
foxfx1920
👍👍👍❤️
SHEETAL_UDESHI
@foxfx1920 thanx 😊
cktalreja
Nicely described, Good to hold for long term.
SHEETAL_UDESHI
@cktalreja, thank u
vasudevnayak25
Ek no.. check Atul limited as well please
SHEETAL_UDESHI
@vasudevnayak25, Atul also declared its results today, it was ok, margin pressure, but in line with expectation.
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