INDIAMART LONGINDIAMART LONG
Up bounce from the downmove levels.
Strong support levels .
Just tracking purpose, no recommendations.
INDIAMART trade ideas
#Indiamart some serious volume spike .@shub1234heart
Thanks for asking
Some serious volume spike is seen in weekly charts for selling, blue lines are weekly support.
all above supports was already broken.
seems 7800-6800 was supply zone, Almost M pattern formation is seen in weekly chart and already gave breakout of that as you can see that on charts too.
not looking for any addition at current prices or higher prices ,let it complete its flow complete than will see next.
please refer to the chart.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
WATCHOUT FOR SYMMETRICAL TRIANGLE BREAKOUT SYMMETRICAL PATTERN can be seen in INDIAMART in one hour TF.
Also a small consolidation can be seen respecting the channel.
the stock can be bought on breakout of 5000 for a shorterm period with SL of 4755 for a target of 5243 and further of 5700
one can also short the stock if it give a breakdown below 4600 with SL of 4777.
************************PLEASE FOLLOW RISK MANAGEMENT***************************************************
INDIAMART - Beautiful Rounding Top PatternINDIAMART has formed a beautiful textbook rounding top pattern since Sep 2020. This 18 months long pattern indicates bearishness if neckline around 4400-4300 is broken.
We will plan intraday trade as per level and once this breakdown is sustained, will look for positional short opportunity.
Trade for intraday should be initiated if stock opens around 4400+ and falls below 4375. For safe traders, better to take entry below 4300.
It should be avoided in case of gap down below 4350. Possible entry in case of gapdown if this retraces to 4390-4400 level.
Thanks
Piyush Gupta
Learn & Earn
INDIAMARTTHIS stock correction name Zig zag correction (A,BC,)
wave A complete (a,b,c)) internal wave
wave B complete (a,b,c) ) internal wave
wave C contionus (1,2,3,4,5) internal wave
INDIAMARTPOSITIONAL CALL
INDIAMART
CMP@5273
Buy @ CMP & use every dip to accumulate
TARGET For 6473, 7139+
Positional Target 7818 & 8733++
Closing basis SL@ 481
#INVESTWISELY_1111
LONG BIG TARGETStock is taking support on Good Level.
Stock is fall in very high Price.
We are Expecting Good Returns on this Level.
INDIMART INDIAMART is at weekly support can be a bottom buying for swing traders a long position can be considered from this level where Stop loss is very small and targets are at good place.
4800 to 4900 is a good demand zone stop loss is small at this point
INDIAMART- Reversal PossibleCandlestick pattern- BULLISH HARAMI (between 25th and 28th Jan)
This indicates possible reversal in the bearish stock.
Support- It's trading in its very strong support zone.
RSI- Over-sold 20.8 on daily chart as of 28th
Based on these three, a reversal and a bullish run is expected. The fundamentals of the stock remains intact.
NOT A BULL/SELL RECOMMENDATION.
Indiamart 4500 being a psychological number and a good weekly support. It got tested this week but could not close below that. If again starts trading below 4500, Further weakness can be seen.
India Mart at good supportIndia mart is at good support- between 4500-4700
It is a little risky but can work it out.
Risk to reward it extremely high
NSE:INDIAMART
#indiamart @ 57 % discount#indiamart @ 57 % discount rsi @ 13 on daily chart. best price for long term investment
INDIAMART - MID TERM PICKBUY INDIAMART UPTO 4500
TARGETS - 6000, 7030, 8000++
SL - 3585 ON WEEKLY CLOSING BASIS
Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
Story of INDIAMART - Double top Chart pattern around ATH levelIndiamart -- in no time stock turned 10x from beginning level -- showed firm strength during Covid Crash in 2020
Double Top Pattern has forced the price to drop from support levels.
almost 50% down from All time high levels.
Interesting to see how this Ecommerce player plays along the journey.
INDIA MART . BEARISH. TARGET 5397INDIA MART .under bullish. Already day and weekly trend cut. Target 5397
INDIAMRT LONG TRADEThe scrip has crossed resistance level of 6635 on DCB on Friday 07.01.2022.
The chart shows an up move trending towards a TARGET of 6988 levels.
View negated with closing below 6635 on DCB.
Disc:
I am not a SEBI registered analyst.
Ideas only for education purpose.
Indiamart [long postion 6300 stoploss]According to my view india mart good buy trading purpase
1 ==> wave A correction complete date29 oct 2021
2 ==> wave b correction complete date 19 nov 2021
3==> wave C correction 5 lag and 4 lag complete 5 wave end one ya two days
Upcoming performance of IndiaMart India Mart has formed the W pattern in the chart and there should be bull side on the upcoming days
