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 ,
India Mart if holds above 8200 it could give rocket move DISCLAIMER ( Educational Purpose ) All investments involve risk. Please Do your analysis before initiating Any trade Good luck !
NSE:INDIAMART showed a good move yesterday after a long time of consolidation. Today it tried to break 7850 but unsuccessful. But looks like it can show 8000 soon considering volumes.
NSE:INDIAMART INDIAMART - Rebound from support Stock is at Resistance and has given a breakout. if Price sustains above 7800 Target is 8500, 9000, 9500.
INDIAMART after consolidating in a range of 6850 to 7500 for the last four months, has given a breakout today with the volume being expanded and closed above the resistance level 7700. It is likely to face the next resistance around 8350 levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before...
Buy at CMP and in Dips till lower trendline. SL - 6900
triangle pattern breakout in Indiamart short term as well as long term
NSE:INDIAMART is respecting 7k levels for the last 2 months. It could be a reversal point for it. But it would wait until madcap starts rallying again.
NSE:INDIAMART has been consolidating in a range of 7000-7400 for so long time. If it crosses decisively 7450 then it can show 7800 levels.
NSE:INDIAMART has been going negative today in the first half. But it came strong in the second half with good volumes. It can keep showing good momentum in the coming days.
This is a great trading scrip! Multiple EMA contraction at its best. Also forming a VCP. Price at M and W Pivots. Whichever side it chooses to go, just follow that!
Very tight consolidation breakout in any dirction is possible
NSE:INDIAMART is looking good but volumes are low. If it gives closing above 20 DEMA today then it can keep the momentum continue.
Indiamart looks bullish on the daily chart both target and stop-loss has been mentioned for positional trading .
NSE:INDIAMART opened gap up today but selling pressure brought it down. We might not see any decisive up move until RSI crosses 50.
NSE:INDIAMART seems to be taking support at 7k levels. If it breaks down this level then it can come to 6800 levels.