INDIAMART - Mid-term investment idea
Updated
INDIAMART INTERMESH forming consolidation after a strong move.
RSI taking support near 40 levels.
We are seeing a breakout from the pattern.
CMP = 5010
Stoploss = 4610
Target = 6000
Time horizon = 4-6 months.
Material for strictly educational purposes. Assess your risk and enter positions.
DO NOT TAKE LEVERAGED POSITION, ONLY CASH.
If you earn from our material, please consider donating 1% of your profits towards education of poor children.
RSI taking support near 40 levels.
We are seeing a breakout from the pattern.
CMP = 5010
Stoploss = 4610
Target = 6000
Time horizon = 4-6 months.
Material for strictly educational purposes. Assess your risk and enter positions.
DO NOT TAKE LEVERAGED POSITION, ONLY CASH.
If you earn from our material, please consider donating 1% of your profits towards education of poor children.
Trade active
Revised SL = 5000Trade closed: target reached
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