Indiamart can be a "Buy" in Options segment with the strict stop loss as suggested. Very lucrative Risk to Reward ratio.
NSE:INDIAMART has getting beaten down for some time. Now, it can show 7k levels and that's good buying level.
The chart is self explanatory Entry levels : BUY on opening Exit Levels : 10000/10500/10700 ( LENGTH OF THE POLE AND 1.618 FIBONACCI RATIO) Disclaimer: This is not a BUY/SELL recommendation shared just for educational purpose. FOLLOW me for more such content ahead. Till then, HAPPY TRADING :)
Indiamart is on the very fresh breakout with an upside target of 8620, 8800, 9061.30, 9270 (till Diwali).
Triangle breakout with high volume in INDIAMART Ltd.....
Indiamart, 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...
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...
India mart showing a good sign of bullish trend continuation on Hourly and Daily TF as it consolidates with a pennant formation awaiting breakout. NR7 Insider candle on 5th August.
BUY at cmp with stoploss below the breakout candle TARGETS 8700 , 9000++ FOLLOW me for more such content ahead. Till then, Happy Trading :)
After a 3 months long accumulation near 50 EMA the stock has broken out with good volumes. And it is again consolidating creating a Bullish Pennant this time, showing signs of more upside potential from current levels if breaks out.
NSE:INDIAMART is looking still good. Took perfect support at 8550 levels.
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.
NSE:INDIAMART has been consolidating for the last few days after a good rally. It's still in good shape. 8550 is good support.
NSE:INDIAMART took support around 8550 levels and buying came from there. It seems still strong.
INDIAMART has fallen a lot from its 52 wk high. seems like a reversal on cards finally supported by volume and strong RSI. follow the stoploss and targets are marked on the chart.
What a move in NSE:INDIAMART today. More than 7%. It has been able to break it's 8550 levels decisively with good volumes. If it gives closing above 8650 then we can soon see 9k levels.
target - 9000 with a small sl you can bet on it my view on this is very bullish it will not stop till 9k , if break 9k 10k is next target to know more , my secrete weapon ,