CautiousChartist

INDIAMART INTERMESH- Watchout !!!

Long
CautiousChartist Updated   
NSE:INDIAMART   INDIAMART INTERMESH LTD
This stock is poised for a really good move either side.
The indications (not conclusive) suggest that the move would most probably fire on the upside.
The breakout could be massive so choose your entry based on your conviction.
However don't compromise with the stop loss here because if it chooses to go downside, the floor could slip away from your feet in no time.

Comment: Target 1 done. Consolidating around that region getting ready for target 2. Raise the trailing stop loss as per risk appetite and protect the profits.

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