INDIAMART Key highlights: 💡⚡ 📈On 1D Time Frame Stock Showing Reversal of Bullish rectangle Pattern . 📈 It can give movement upto the Reversal target of above 4875+.
If level of 4800 positively breaks, and sustains, first tgt is 5000- and 5300 as target 2, good fundamental stock at good price
For newbies -> Russian dolls jump high in circus. Thats why the name. The name comes when there is nested cup and handle or nested head and shoulders pattern (or inverse of it) into each other. In this IHNS (Inverted head and shoulder) we have everything. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the...
INDIAMART Time frame- DAILY *Short term - medium term *Reason- RSI above 60. inverted head and shoulder Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before investing. #technicalanalysis #technicalanalyst #swingtrading #swingtrader #fundamentalanalysis #bullish #chartoftheweek #trading...
head and shoulder pattern formation waiting for breakout & volumes may retrace after breakout targets are huge only for long term investment
IndiaMart @ 4700 (BUY) This could be the most buzzing stock for the next 6 months. Head & Sholders on the weekly line chart with the 280+ days of consolidation. Must buy for a target of 6500+ long term.
Buy around 4550-4600 SL 4310 on closing basis. Target- 5000, 5400, 5650, 5900( 38% retracement from top) *Note-Only for educational purpose.
Indiamart is trading within a parallel channel for three months. Now it is at the bottom of the channel. If reverses from here, can go to the levels of 4630/4730 or even more, The entry area is as low as near 4350, Exit the position if closes below 4430 for a couple of days. (Will go weak below these levels). Or according to your risk management (Always...
The price of Indiamart is on Primary Trendline Support zone!! INDIAMART is about to sky rocket!
multiple confirmation like cup and handle pattern | trendline breakout | ascending triangle pattern
NSE:INDIAMART The price has given a breakout from the channel pattern. The breakout is with good volume. The MACD is bullish and RSI is above 50 showing good momentum. The MACD and RSI also showing the divergence from he prices which implies that this correction is over and bottom has been made. The view is for 6 to 9 months. SL levels is around 4165.60 and the...
In this, Price made a symmetric triangle pattern in higher time frame and also made a bullish penant pattern in smaller time frame.
IndiaMART, the country's first and largest B2B digital marketplace, has emerged as a game-changer in the B2B scene. It focuses on quickly and easily integrating Small and Medium Businesses (SMEs) into the new paradigm; it is continually pushing the boundaries of innovation to make the online marketplace more accessible, visible, and engaging to them. This B2B...
indiamart good bearish grip. stay invested 4820 and 4650 imp levels
Today I picked INDIAMART because, it broken trendline resistance on closing basis. The following factors are considered by me for picking this. 1. Huge Volumes at breakout. 2. Inverse head and Shoulder Pattern. 3. Continous Increasing of Volumes. For BTST trades Keep profit as 2% - 3% Keep SL and Target profits mentioned on the chart for short term swing...
#indiamart ready to fire see clear support levels and earning getting improved
Inverted Head and shoulder after a big fall of around 61% from high looks like base is formed and stock now headed to sky