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INDIAMART

Indiamart stock can break the bearish pattern.Indiamart view for next week or month. As the stock is near a reversal phase. Indiamart has been taking support from its 20 ema on a daily time frame and has spent 3-4 days trading near its moving average. On volume analysis, it seems to be in an accumulation zone as the volume are low. The stock on technical analysis is quite bearish as its has been trading below it 20 ema on higher time frame. If the stock breaks the resistance levels of 5200 and 5372, it can move to the levels near 6400 as there was a big fall. Support :- 4585, 4330 Resistance :- 5200,5370 The stock has been consolidating, so wait for the levels to break out of the levels with high volumes. For long term it is a nice bet at these levels. Long term investors can create or add to their a position.
NSE:INDIAMART
by TheMamboMomentum
WEEKLY SETUP INDIAMART GETTING READY FOR PHASE 3Cycle 1 and 2 (Phase 1 & 2) of Indiamart has been completed, now slowly it is getting ready for phase 3 breakout. We are on weekly time frame and if you see trendline which I have marked with RED, it get's rejected with some volume. Here, we need to observe clearly with candle sticks pattern on both weekly and daily time frame. It's a idea don't jump and buy. wait for proper time to buy. Till now one can monitor it having SL 3% below 3984. I have marked sub marking on 4 H TF, which can help us to decide when to inter in this stock with logics and understanding. Here, the level which have been marked is very crucial, on BO one can further check type of candle on BO, volume etc. before entering.
NSE:INDIAMARTLong
by ShubhamKatiyar
3
Intraday Trade: watch for trendline breakdownshort below 6940 in Intraday For stoploss in Intraday use 5 minute chart and see nearest resistance. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapdown or bd before 9:20 If gapdown is more than 1% from bd level than avoid completely. if less than 1% or gives bd before 9:20 than wait for first 5 minute candle and entry below 5 minute candle and revised SL above candle high.
NSE:INDIAMARTShort
by stockkar
INDIAMART INTERMESH LTDIndiamart, this stock has completed consolidation period as wave 4 in weekly, and now it is in wave 5, in wave 5 also possibly it has completed wave I and II in lower degree (daily), and now given breakout with good intensity of volume from it, it seems that wave III has been started, along with positive macd trend indicator in weekly and daily uptick, all other indicators are also suggesting positive trend ahead, one can go long at current levels or in dips ( if any ), with mentioned key levels on chart. breakout candle with volume, key levels are mentioned on chart wave structure in weekly could be like this macd in weekly macd in daily rsi in daily dmi adx in daily near bbc in weekly above mid.band in daily Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing
NSE:INDIAMARTLong
by RK_Chaarts
INDIAMART Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:INDIAMARTLong
by SENSITRADE_T