INDIAMART closing 4791.75.
Indiamart from the high correct the almost 50% and daily closing above 200 ema and with stoploss 4600 then targets are 5100-5600-6200.
Buying Reason.
1 --> Daily price closing above 200 EMA.
2 --> RSI is cross above 60.
3 --> ADX is also show the Bullish move.
4 --> Volume is also good and ready to FLy.
Indiamart from the high correct the almost 50% and daily closing above 200 ema and with stoploss 4600 then targets are 5100-5600-6200.
Buying Reason.
1 --> Daily price closing above 200 EMA.
2 --> RSI is cross above 60.
3 --> ADX is also show the Bullish move.
4 --> Volume is also good and ready to FLy.