Indiamart is coming out of flag pattern breakout. Good upside should be done if sustains there. Today's volume is high too.
Go Long above 30% Position on 2570 to 70% 30% Position on 2600 break and sustain on DTF Sl 2400 Tgt 2670, 2730, 2810, 2900 and more above possible
1.Trend -Bullish 2. Set up reversal pull back 3. RR: 1:8 to 23 subject to taking stop loss on closing basis of daily or weekly
Attempting for a bullish setup. Trying a breakout of the trendline. There is a immediate resistance zone, price need to close and sustain above the level of 2730 to initiate the trade. Momentum slowly building up RSI >= 50 Note: This is just for analysis purpose, please do your own research before punching any orders. 🔍 For more technical analysis and...
Stock is making HH and HL structure. It has recently broke the inverted H&S pattern and now retesting the same area. Entering this time would give a good RR ratio with chances of high winning trade. DISC: Only for educational purposes. Please consult your advisor before making any investment.
Indiamart is trading near strong support zone. However stock has broken support trendline on 4 hour timeframe. Also stock seeing selling with increase in volumes. Daily RSI is @ 36. Expecting lower levels in days to come, if stock breaks support zone. However stock finds support in this zone, one can look for long opportunities, where the resistance stands at...
INDIAMART (1D TF) Swing Trade Analysis given on 20th December, 2023 (Wednesday) Pattern: NECKLINE BREAKOUT - Breakout + Consolidation - Done ✓ - Volume Spike at Neckline - Done ✓ - Candle at Support - Done ✓ #stocks #swingtrade #chartanalysis #priceaction #traderyte #indiamart
as shown in chart pattern it's ready to form round bottom pattern and also supported to Fibonacci retracement expected to move up till 3000 / 3200 level with SL 2700.
The bullish reasons for Indiamart's chart 1) Broken 200 EMA with good volume . 2) Broken Monthly CPR , which is a narrow inside CPR 3) Recently broken out of a triangle squeeze pattern
IndiaMART stock is showing promise for a long-term position. I believe it's on the upswing. The company's strong fundamentals and market presence make it an appealing choice for potential growth. Keep an eye on it for potential opportunities in the market.
INDIAMART has broken out of triangle squeeze pattern and power trend indicator has also given a BUY signal so expecting the stock to move upwards with 2 targets as mentioned.
Indiamart gives a breakout after a consolidation above the today’s high we can see long side for 2800–2989–3200
Near Trendline support line since inception narrow ranges around 2700 range good R:R trade above 2700 failure below Trendline support
#indiamart at proper Buy zone. its a buy on dip stock, with the stoploss specified. Very good #Swing to #shortterm Pick. Follow proper #risk management with proper diversification of Stocks.
#INDIAMART #StocksToBuy #Trading #StockMarketindia India mart reached it's support zone and consolidating since 1 week, We can expect a good break out and buying opportunity. Entry above 2654 Target - 2950, SL - 2554, RRR: 1:3
In the Weekly Chart of INDIAMART, we can see that, it is same range since 3 weeks. Also, it has made a Decision making candle. Enter on breaking its high with low as SL.
Weekly RSI at 40 there is more chances for bounce back. Stock trading at previous support zone. Good risk reward. Stock is taken support on weekly 200 EMA
Hi every one after watching price action of 2900 ce premium chart you can risk according to your knowledge this my full anlysis by experienced