INDIAMART seems to be respecting 7000 levelsNSE:INDIAMART seems to be taking support at 7k levels. If it breaks down this level then it can come to 6800 levels.
INDIAMART
Buy Indiamart - Initial Target 10K1. Retest of trendline break out + fibonacci retracement + Completion of larger wave correction
2. Heading for initial target of 10 k. Can do much higer levels provided the wave is intact(6500K- Weekly closing is maintained)
INDIAMART looks bullishNSE:INDIAMART can continue going up but at a slower pace. RSI is increasing gradually.
INDIAMART is seeming bullishNSE:INDIAMART is above it's 9 and 20 DEMA. And cross over is about to happen. If it sustains current levels then good up move can be witnessed on Monday.
One new share in our radar: INDIAMARTOne new share on our radar. NSE:INDIAMART seems to be taking support around 6850-7000. If it shows signs of reversal from here then good targets can achieved.
indiamart ....(double bottom) double bottom pattern
entry @6878
target 1 - 7785
target 2 - 8347
short term 13% ( 1month) for target 1
Inverted Head & Shoulder in IndiamartAfter falling 15% from the High, Indiamart is finally making an Inverted Head and Shoulder in 1 Hour frame, and it can give a good breakout for buy.
Head and Shoulder break down in Indiamart IntermeshHi,
I am new to charting, but I noticed that Head and Shoulder pattern in Indiamart Intermesh. Levels on the Chart.
Please comment, if the analysis is right or wrong by giving reasoning so that I can also learn.
This post is not any recommendation. I am just posting to learn myself.
INDIAMART - DOUBLE BOTTOMNote:
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
INDIAMART INTERMESH - Bottom reversal ???A hammer candlestick pattern at the bottom of the Parallel Channel along with a weekly Bullish Hidden Divergence provides an indication towards the reversal of the downtrend.
The relative strength is also supporting its cause.
Indiamart Intermesh - Bullish GartleyIndiamart forming bullish Gartley in hourly timeframe.
Also, stock seen to have a bullish RSI divergence. Looks like a good buy.
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.
One more F pattern CMP: 8180Indiamart price action learning
1) Strong uptrend
2) F pattern
3) Continuation Pattern
4) Time correction/
5) Today's bar crossing narrow rage inside the big range
6) disclaimer (I am holding this stock)
7) It is only for study and educational purpose
8) Follow DailyNify
One Right Trade's Swing Trade Idea #152 : Long on INDIAMARTThis is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
