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
INDIAMART trade ideas
Indiamart flag pattern breakoutIndiamart is coming out of flag pattern breakout. Good upside should be done if sustains there. Today's volume is high too.
INDIAMART Ready for rally#Stock ready for rally 🔥
✍️High Potential 3-year #Breakout
✍️Expecting 30 to 50 % within a year
🔥Almost debt free company
💵div. payout: 19.8%
#BreakoutStock #stockmarket #StockMarketindia #multibagger #StocksToBuy #StocksToWatch
India Mart - Long Buy IndiaMart Long Buy - @ 2578 ,
technically - strong
fundamentally strong
FII & DII Investment holding are gradually increased.
GO FOR LONG
Indiamart - long setupCMP 2530 on 29.05.24
It can be seen on the charts that the price has reversed many times from the trendline in the last around 2 years. If the pattern continues, may go bullish again.
The risk-reward ratio is quite good at this level.
This setup fails if the price sustains below 2475.
Targets will be 3000 or even more.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.
INDIAMART SYMMETRICAL TRIANGLE BREAKOUTINDIAMART has given a breakout for symmetrical triangle and it has come down for corrections and with its CMP it has a chance to rebounce,So we can buy this stock.
NOTE: Our market has given a bullish run and now its consolidating in sideways,if it breaks up we can expect more bullish rally but if it breaks down market will go for correction which will affect our trades.So take trades which has Low SL and Higher targets.
Wait ⏳ for confirmationFor education purpose only.
INDIAMART has formed inversed head & shoulder, price is around the neckline. Further upside can be seen once price closes above the neckline and next candle crosses above that closing candle.
IndiaMart 3 year Breakout trying 📈Hey Family, there is a one more stock Which is showing a great opportunity and forming Symmetrical Triangle Pattern in weekly TF In daily TF it's consolidation zone, If Stock break's resistance zone then let's see breakout sustain or not.
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Trying to give 3 year old trendline breakoutThe stock has been consolidating in a range for last 7 months. Today it's trying to give a trendline breakout.
If it sustains and closes on weekly TF as well we can expect more upmove here.
This idea is for EDUCATIONAL PURPOSE only.
This is not a BUY?SELL recommendation.
Learn & Earn,
Dr. Tanya Kumar
[Swing Trade] INDIAMART - Looks awesome above 2700What a beautiful setup! waiting for BO and volume build up..DYOR before you take the trade..I will update this thread once I take the trade
long positionalGo 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
INDIAMART with 1:8 RR trade set up1.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
Indiamart: Potential Long
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 trade setups, make sure to follow me on TradingView
Indiamart : A Good RR ratio tradeStock 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.
Bearishness in indiamartIndiamart 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 2900-3000 zone.
INDIAMART - SWING TRADE - 20th December #stocksINDIAMART (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
Indiamart will expected to move upas 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.
Indiamart broke 200 DMA& we can expect the golden crossover soonThe 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 Exciting Potential UPWARD MOVEIndiaMART 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 broken out of squeeze patternINDIAMART 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 Indiamart gives a breakout after a consolidation above the today’s high we can see long side for 2800–2989–3200
Indiamart 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#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.
