NSE: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 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.
double bottom pattern entry @6878 target 1 - 7785 target 2 - 8347 short term 13% ( 1month) for target 1
IndiaMart is currently struggling on charts, zones are clearly marked.
After 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.
Hi, 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.
buy indiamart above 8390 and safe buy above 8450
follow everything explained
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...
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 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...
Indiamart 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