Have been wondering why IndiaMart Intermesh - the gigantic elephant of Product publishing industry in India - is falling like anything.
It has formed an Inverted Head & Shoulder Chart Pattern (which is a bearish reversal chart appatern) on the daily time frame with Volumes. There is negative cross-over is Stocastic in daily, weekly and monthly charts. RSI also is negative zone for all three time frames mentioned above. MACD is also against the stock.