Heading Towards 3400-3500
FOLLOW
Hi All, IndiaMart is heading towards a new 52 weeks high after a triangle bo and very strong volumes. Regards, Atul
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Heading towards 3000-3100
Buy around 2438-2410 sl 2345 target 2600
INDIAMART ON 1-DAY CHART
Indiamart gave Cup and Handle Breakout. Can be a good buy. Please use SL as appropriate. Disclaimer - Do you own analysis before taking any trade.
Price respecting FIBO Levels. Almost at its All TIME highs. Vol and Price action is trending towards LONG
Profit booking can be seen after results were announced, it can retest its 52w high if it sustains above the market levels
Range Breakout seen
Buy at CMP 2362 or dips, target 2500, 2600 & 2700. Stoploss below 2290.
Target - 2610
