Head and shoulder pattern breakout in INDIAMARTDiscription:
Stock Name: INDIAMART
Chart Pattern: Head and shoulder pattern
Time Frame: 1 Hour
Breakout Entry above : 4430+
Breakout target : 4605+
INDIAMART trade ideas
Giving you the peak go and grab it 😱NSE: INDIAMART
Hello guys today after seeing the chart I got these things
1. If goes down then the target could be taken at 3517 and if up than target could be taken at 5107 This could be taken as a maximum for upside and downside target from my
opinion
2. Time Frame:- 1 Day
3. I have shown two possible outcomes
4. A parallel channel pattern has occurred on the chart
5. Its on peak we can maximize profit 🤑
Conclusion:-
A parallel channel pattern which has occured at this moment at the current levels. I have seen some forecasts show that it could be down maximum chances and could be followed by the market but if it doesn't breaks the Trend line then it could be up btw I also got that to follow us and like the posts and Comment Below If You want to ask me questions on this on any other idea
Have a Nice Day to you all
Made By MAYANKTECHRESEARCHING
We are not responsible for any profit or loss
Based on Your Own Risk this is only to show you what's going on
indiamart (long position 5250)Go Long buy CMP
Reasons to go Long :
1. On a daily timeframe if we draw the price action
2. A bullish chart pattern
3. Also there is a strong support zone (marked with green color), from which the stock is taking support and moving up.
INDIAMART - LONG - 13% upside potentialINDIAMART is forming inverse Head and shoulder pattern. It has to give a HRly candle close above 4300 levels to show strength.
Initial target can be 4800+ levels.
Indiamart Ready for an upmove from hereReady for an upmove from here. Simple Trendline support. Price gracefully moving up. NSE:INDIAMART
Indiamart - Low Risk High Reward Stock gettin ready for wave C
Buying area near 3980 - 4000
Sl below 3950 ( 30 Min Candle )
Tt 4200 +
Best Stock for Intraday INDIAMART BEST STOCK INTRADAY
Sell Below:- 4048
Target -: 4000, 3986, 3940++
India mart Sell it at hereNSE: INDIAMART
If Breaks Then The Targets could be Taken at 3409
Time Frame :- 1 Day
Patterns Name :- Inverse Head and shoulder
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
BTW Like and Follow if you like this awesome content
Made By MAYANKTECHRESEARCHING
Indiamart gearing up for upmoveindiamart completed wave 1 from 1103 to 9950
and right now wave 2 (c) last wave on and pause near golden fib ratio 61.8%
one should keep this on radar breakout of triangle pattern will give confirmation of completion of wave 2(c) and
start of wolf wave 3
Potential to breakout and turn bullishIf the stock is able to break the downward trend line, supported by long-term support, the stock may show a reversal.
Note, that I am not a trained or registered advisor. This is my personal view based on limited understanding of technical analysis.
Bullish ABCD Pattern Indiamart
Bullish ABCD Pattern is forming on Day Candle
Shown is 1Hr Candle for Confirmation of Bullish reversal of Chart
Targets Can be 4835/ 5000
SL 4400
Indiamart stock can break the bearish pattern.Indiamart view for next week or month. As the stock is near a reversal phase.
Indiamart has been taking support from its 20 ema on a daily time frame and has spent 3-4 days trading near its moving average.
On volume analysis, it seems to be in an accumulation zone as the volume are low.
The stock on technical analysis is quite bearish as its has been trading below it 20 ema on higher time frame.
If the stock breaks the resistance levels of 5200 and 5372, it can move to the levels near 6400 as there was a big fall.
Support :- 4585, 4330
Resistance :- 5200,5370
The stock has been consolidating, so wait for the levels to break out of the levels with high volumes.
For long term it is a nice bet at these levels. Long term investors can create or add to their a position.
indiamart double top formation we can go short below if candle close below that trendline ..v need confirmation
WEEKLY SETUP INDIAMART GETTING READY FOR PHASE 3Cycle 1 and 2 (Phase 1 & 2) of Indiamart has been completed, now slowly it is getting ready for phase 3 breakout.
We are on weekly time frame and if you see trendline which I have marked with RED, it get's rejected with some volume. Here, we need to observe clearly with candle sticks pattern on both weekly and daily time frame.
It's a idea don't jump and buy. wait for proper time to buy. Till now one can monitor it having SL 3% below 3984.
I have marked sub marking on 4 H TF, which can help us to decide when to inter in this stock with logics and understanding.
Here, the level which have been marked is very crucial, on BO one can further check type of candle on BO, volume etc. before entering.
Indiamart Traingle pattern Breakout Indiamart Traingle pattern Breakout
chart self Explenatory looking good for the rising channel move
Ready for the upmove #indiamart cup and handle formation signifying consolidation
volumes RSI showing strengths
INDIAMARTdiscount % get buy this stock at one or more for huge return . my prediction is stock move to our ATH .....
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Disclosure : I am not SEBI registered. The information provided here is for Education Purposes only. Consult your financial advisor before taking any decisions
INDIAMARTNSE:INDIAMART is very good good stock from B2B space
from the levels of 9700 stock has been corrected more than 50%, mostly this pressure is due to FII selling
but now sentiments has changed, and also company offering good valuations
yesterday in daily time frame stock has made doji and today it breaks it's high.
it is very good opportunity to add this stock in portfolio for short term target of 5136, and long term target of 10000+
Swing tradeEnter at current price level for upside momentum that is volume supporting as well as at support zone create at this level,SL close any red candle below trend line with volume
INDIAMART long also Tringle Breakout is Happened
Bouncing now Looks for long trade in next 2-4 days for 4900-4950 zone
SL Day Low in Place
