Indiamart wonderful hourly RSI divergence Indiamart @ strong support 2230 ..below 223015 min candle close exit ..else upside target 2290/2330/2400 Longby umeshdari110
IndiaMart- Shining with Great Results -Best above 3228IndiaMART is India's largest online B2B marketplace, connecting buyers and suppliers across a wide range of products and services, primarily catering to small and medium enterprises (SMEs). Founded in 1999, the company has seen consistent growth, boasting a significant market share in the Indian online B2B classified space. Key points about IndiaMART: • Business Model: A platform where buyers can search for suppliers based on their needs, with features like product listings, supplier profiles, and lead generation tools. • Market Reach: A large network of both buyers and sellers across various industries, including manufacturing, construction, electronics, and more. • Growth Strategy: Focus on expanding its user base by attracting smaller businesses and then upselling them to premium subscription plans, coupled with continuous technological upgrades to enhance user experience. • Financial Performance: IndiaMART has reported consistent revenue and profit growth over the years, attributed to its strong market position and increasing adoption of online B2B commerce in India. • Investment Highlights: • Deferred Revenue: A significant portion of IndiaMART's revenue comes from subscription fees paid upfront by sellers, creating a stable recurring revenue stream. • High Return on Equity (ROE): The company historically generates high returns relative to its equity, indicating efficient use of capital. • Minimal Debt: IndiaMART operates with minimal debt, further enhancing its financial stability. Recent Developments: • Continued focus on digital marketing and improving the platform's search capabilities to better match buyers with relevant suppliers. • Expansion into newer sectors like services and international markets. • Incorporation of advanced data analytics to provide insights and targeted recommendations to users Chart Analysis : The stock is making potential Cup & Handle Pattern. With solid returns the stock is expected to outperform. One can enter above 3228 for target of 3725/4500 / 4800 with strict stop loss of 2840. Targets may take few weeks to months and i suggest to average up as it moves up Metric Q2 FY 2025 Revenue Growth - Revenue grew by 23% YoY, reaching ₹297 crore compared to ₹240.66 crore in Q2 FY2024 . Operating Leverage - The company benefited from stable operational costs, helping maintain a strong operating margin Margin Expansion - EBITDA margin improved, supported by cost control, with expectations of continued margin expansion . Debt Reduction- IndiaMart remains a debt-free company, focusing on cash flow management . Disclaimer : Educational Content. Please do your own research. If you like this analysis, please do boost this post. Longby jain_geeteshUpdated 6
INDIAMART INTERMESH: 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐌𝐮𝐥𝐭𝐢𝐛𝐚𝐠𝐠𝐞𝐫#diwali pick (🤞🏼for this one) 🟢Highest ever op. cash & EPS 🟢Lowest ever public holding 🟢Lowest P/E in 5 yearsLongby TradingBanker4413
INDIAMART -: 3200 ₹ TARGETINDIAMART -: 3200 ₹ TARGET ACCUMULATED 2400₹ /2230 ₹ 6 MONTH TIME FRAME IndiaMART InterMESH Ltd. has an average target of 3387.80. The consensus estimate represents an upside of 35.05% from the last price of 2508.60. View 13 reports from 5 analysts offering long-term price targets for IndiaMART InterMESH Ltd..Longby razawasim6933
INDIAMART - The most rewarding 3 of 3 in play now?INDIAMART CMP 3013 The price is all set to cross 4500+ in this impulse.. Looks like it is in the 3rd of 3rd wave from 1838.. 1838 to 3335 = Wave 1 3335 to 2230 = Wave 2 and now wave 3 is unfolding from 2230 levels.. of which, we have done i and ii.. waiting for the break past 3335 for confirmation of the iiird..Longby Murthy_Santhosh1
Indiamart - Keep On WatchCMP - 2930 on 27.09.24 Since January 24, the stock has formed a Cup & Handle-like pattern. It is now retesting the immediate support, which is around 2900-2950. If picks a bullish momentum and gives breakout of C & H pattern. It may go to 3650/ 4100+. However, the breakout level is above 3400 but the current price is a good place for an early entry with a more favorable risk-reward ratio. Considering risk management, one has to choose the entry-level and position size wisely. If the price sustains below 2620, This setup loses significance. Trade wisely and calmly. The above Illustration is only for educational and sharing purposes, not a trading recommendation in any form. All the best. Editors' picksLongby anandliveUpdated 4466
indiamart target till 3200after very good correction its is really good option to invest in indiamart futures or options till 3200 Longby activeTradrAshu1
IndiaMART InterMESH Ltd (INDIAMART) - Technical Analysis UpdateCurrent Market Price (CMP): ₹3,059.90 Target: ₹5,500+ Entry Range: ₹2,800 – ₹3,000 Stop Loss: Below ₹2,650 Moving Averages: 21-Day EMA: ₹3,048.80 200-Day EMA: ₹3,016.70 Support Levels: Immediate support at ₹2,830.81 Secondary support at ₹2,766.06 Strong support at ₹2,479.35 Technical Indicators: EMA Setup: IndiaMART is holding well above both its 21-day and 200-day EMAs, which indicates short-to-mid-term bullish momentum My View: IndiaMART is a solid bet in the current market with a well-defined risk-reward setup. As the stock is consolidating near key support levels, I expect a breakout toward ₹8,500+ levels in the medium to long term. Longby iampatilkishor5
INDIAMART - Weekly AnalysisIn the Weekly Chart of INDIAMART, we can see that, it has respected the Trendline. Soon it will take a momentum in some direction. Expected momentums are shown in chart.Longby JatinManani1
Cup and Handle Target 5700Chart formed a Cup and Handle formation giving target of 5700 though volume support is low but price action is moving in a right direction.Longby krusaabhrajput3
A stock that was supposed to move long backIndiamart Intermesh was supposed to be at pre-split levels of ₹10,000 Unfortunately, the momentum slowed Now, the cup and handle and Fibo series indicate another upside comingLongby liondewarangal110
Indiamart looks good for a swing Hello traders, Indiamart, looks good for a swing levels are marked on the chart. consider stoploss on monthly closing basis Longby Abhishek24996
INDIAMART - Ripening for a Mark UpLet's evaluate the stock: The Stock has been accumulating for the past 2 years and is Range Bound. The Stock has tried to break The Resistance but unable to do so. The first time it tried to break was in Jul'23 but failed. Reason being good results of Jun'23 Quarter which did not sustain and the stock came back down again to its Support levels. Now, Dec'23 results were almost as good as Jun'23, compounded with better results for Mar'24 and Jun'24(which is best quarterly result in the past 3 years). If the quarterly result for Sep'24 came as expected the stock can rally and hit short term targets of T1 and T2(based on Fib Extension). Long Term target is ATH. The Institutions are slowly building their positions in the stock. The fundamentals are Strong, with healthy DE and PEG Ratio, the stock is currently undervalued. Sales growth is also very Solid. I will definitely keep this stock in my watchlist for the next month and keep a close eye on the technical before Sep'24 results are out. *Not an investment Advice, only for educational purposes*Longby TheWatchfulInvestor1
Indiamart cup with handle patternGood results, good pattern You know it will get there Target - 4531Longby phobia6660
Indiamart intermesh cup with handleAfter good results this stock fell to form this pattern and buyers came in earlier and has formed a beautiful cup with handle pattern with a superb target of 4531. It will get there, soon.Longby phobia666224
Go Long on IndiamartThe stock shows signs of bearish sentiment in the short term, challenging support levels that could decide the near-term direction. The company recognizes issues like customer churn and is actively deploying solutions to improve retention and stabilize its customer base. by Tim00670
Indiamart - Bullish Divergence - Symmetrical Triangle BreakoutIndiaMART InterMESH Ltd. has shown a strong bullish divergence, breaking out from a symmetrical triangle pattern and currently testing a crucial retest level. This setup presents a potentially favorable opportunity, if the support at the trendline holds next week. Technical Analysis: Symmetrical Triangle Pattern: The stock has been consolidating within a symmetrical triangle, characterized by converging trendlines of higher lows and lower highs. Bullish Divergence: The price made a lower low while the RSI made a higher low, indicating a bullish divergence and suggesting weakening selling pressure. Breakout Confirmation: The price recently broke above the upper boundary of the triangle, confirming a bullish breakout. Retest Level: The price is currently retesting the breakout level around ₹2,780. If it reverses upwards from this trendline, the setup looks promising. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Longby gurinder1988220
INDIA MART TARGET 3234 STOP LOSS 2831Script is long term symmetrical triangle breakout with day bullish closing. short term target is 3234. long term target is 3821by ganeshkrupa115
INDIAMART looks Bullish..!!Risk/Reward ratio is good, and mentioned the same in chart. Its a positional trade with min 1 yr to 2 years time frame. ** I AM NOT SEBI registered advisor please consult financial advisor for your investment. **This is only for educational purpose you can also share your thoughts on the commentsLongby SaiKiran5782
Poised for an impulse move in INDIAMARTWith a growing PAT and strong Fundamentals , INDIAMART is set for an Impulsive 3rd Wave in its Monthly TF , Has the potential to reach its Previous ATH in the coming months.Longby naveen_kumar_PS1
buy buy for lon term good investment at current rate 2681 previous top is around 4900Longby PadamTaterUpdated 2
Triangle Pattern Breakout is on the way in IndiaMart IntermeshHello everyone i hope you all will be doing good,, today i have brought a stock which is still trading inside the triangle pattern, but there is higher probability we will see huge breakout very soon with huge volume on all time frame. Stock is really good name is IndiaMART, and it is the first and largest B2B digital marketplace in the country, today stands out as a game-changer on the B2B landscape. It focuses on integrating the Small and Medium Businesses (SMEs) into the new paradigm with speed and ease, we are constantly pushing the frontiers of innovation to make the online marketplace more accessible, visible and engaging to them. Largest in the industry:- The company commands nearly 60% market share of the online B2B classifieds space which makes it the largest player in the industry. Well Diversified Marketplace:- As of FY24, their website has ~108 million product listings from 56 different industries, making them one of the most diversified marketplaces in Indian. No single industry accounts for >8% of total paying suppliers. Construction & Building Raw Material is the largest category in the marketplace and covers ~8% of it. There are ~98,000 product categories. Logistics Partner:- Commercial Vehicles - Tata Motors, Mahindra, Piaggio, Atul Auto, TVS. Merger of Subsidiaries:- In March,24, the company merged the WOS Hello Trade Online Private Limited and Tolexo Online Private Limited into Busy Infotech Private Limited. Technically stock has not given breakout yet, but there is higher probability breakout is coming soon, it is just on the way. Stock is good, it has monopoly in business, it is having 60% market share. I think it has potential to become multibagger in long term, so if anybody wants to go long term investing, then this is one of the kind of that stock, invest and forget type. So take it or regret later... In short term to medium term, i already mention the levels please go accordingly. Disclaimer:-Personally i am holding this stock for long term with lower levels. Market Cap ₹ 16,134 Cr. Current Price ₹ 2,690 High / Low ₹ 3,336 / 2,229 Stock P/E 48.2 Book Value ₹ 289 Dividend Yield 0.74 % ROCE 23.9 % ROE 17.6 % Face Value ₹ 10.0 Industry PE 62.3 Debt ₹ 40.7 Cr. EPS ₹ 55.7 Promoter holding 49.2 % Intrinsic Value ₹ 1,559 Pledged percentage 0.00 % EVEBITDA 32.1 Change in Prom Hold 0.00 % Profit Var 5Yrs 75.6 % Sales growth 5Years 18.7 % Return over 5years 32.4 % Debt to equity 0.02 Net profit ₹ 334 Cr. ROE 5Yr 19.8 % Profit growth 18.2 % Earnings yield 2.88 % Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou. Longby TraderRahulPalUpdated 1118
breakout levelwe are seeing breakout level at 2900...facing resistance at this level and also seeing fibretracement 0.61 golden ratio so focus on this Longby ayushishri0