INDIAMART- Reversal PossibleCandlestick 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.
