Indiamart Bullish ABCD Pattern is forming on Day Candle Shown is 1Hr Candle for Confirmation of Bullish reversal of Chart Targets Can be 4835/ 5000 SL 4400
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...
INDIAMART is looking for buy, expecting TG to reach at 9700
Cycle 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....
NSE:INDIAMART is very good good stock from B2B space from the levels of 9700 stock has been corrected more than 50%, mostly this pressure is due to FII selling but now sentiments has changed, and also company offering good valuations yesterday in daily time frame stock has made doji and today it breaks it's high. it is very good opportunity to add this stock in...
4350 if break this level then we will go short in.this trade
INDIAMART LONG Up bounce from the downmove levels. Strong support levels . Just tracking purpose, no recommendations.
Candlestick pattern- BULLISH HARAMI (between 25th and 28th Jan) This indicates possible reversal in the bearish stock. Support- It's trading in its very strong support zone. RSI- Over-sold 20.8 on daily chart as of 28th Based on these three, a reversal and a bullish run is expected. The fundamentals of the stock remains intact. NOT A BULL/SELL RECOMMENDATION.
India mart is at good support- between 4500-4700 It is a little risky but can work it out. Risk to reward it extremely high NSE:INDIAMART
Indiamart intermesh, buy suggested at these levels
BUY INDIAMART UPTO 4500 TARGETS - 6000, 7030, 8000++ SL - 3585 ON WEEKLY CLOSING BASIS Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
Indiamart -- in no time stock turned 10x from beginning level -- showed firm strength during Covid Crash in 2020 Double Top Pattern has forced the price to drop from support levels. almost 50% down from All time high levels. Interesting to see how this Ecommerce player plays along the journey.
The scrip has crossed resistance level of 6635 on DCB on Friday 07.01.2022. The chart shows an up move trending towards a TARGET of 6988 levels. View negated with closing below 6635 on DCB. Disc: I am not a SEBI registered analyst. Ideas only for education purpose.
short 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...
this is the best time to long this stock in delivery for target of 10774 good luck
#INDIAMART (D):- 7597.35 CMP, looks good for more upsides keep track :)
taken the support on 7122 can buy at cmp target 9652 25% results are good
Indiamart can be a "Buy" in Options segment with the strict stop loss as suggested. Very lucrative Risk to Reward ratio.