Prediction on Indiamart: Bullish based on a multiple confluences. Bullish indications: Trenline break Fib level 0.618 retracement Morning star candle in HL HHHL
In the Weekly Chart of INDIAMART, we can see that, finally it has given close above trendline. Let the trendline be retested and then enter with SL for Higher target.
IndiaMart Intermesh is an India e-commerce company that provides B2B and customer to customer sales service via its web portal. IndiaMart intermesh is an India’s largest online B2B market place, connecting buyers with supplies. CMP – 4549.60. Negatives of the company are high valuation (P.E. = 48.8) and declining annual net profit. Positive of the company are MFs...
India Mart keep an eye on this stock, forming symmetrical triangle, take action on the side of breakout.
i have drawn some lines on rsi panel, which says- RSI's support and resistance. it does not mean that only price can have support and resistance. RSI is also a relative nature with price, so it can also have such trend line parts. there is a less probabilty of falling more down. my analysis- rsi could take a rest on '45-47', then move upwards, price will take...
Indiamart is leading suppliers of material retailer for indian union Secor ,public sector, government undertaken and private sector. Now chat and trend analysis formed reverse Head and Shoulders pattern from more 50% of correction of all time high and showing uptrend because may possibly nifty reach 19000 mark. Buy price Rs4600 1st target Rs5600 2nd target ...
Indiamart is ready to breakout. it can be long term story as well buy above 4550
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts. Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
Target 25% from here ---------------------------- Company is almost debt free. Company has delivered good profit growth of 91.34% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 25.62% Company's median sales growth is 23.23% of last 10 years
INDIAMART - Stock seems to be entering wave 3 One can go long with a SL of 21 ema. Good risk reward ratio here.
Buy Indiamart at cmp 3976 with SL 3676 and Target of 4600 Risk reward 1:2
go long in indiamart. levels given. for 2 percent. buy call in indiaamart intermesh
I think it touch once 4600 resistence in short term that's my prediction it's not a call or anything so please take it as a advice
*IndiaMART InterMESH Ltd.* Inverted Hammer: Monthly Basis 25 Week Trendline Price BreakOut *Once Crosses 5260, Further Upside Possible!!!* *With Price Up, Trail Stop Loss* *Book Profit as per Risk Appetite* *Fundamentally Strong Co* 1st & largest B2B digital marketplace in India. Asset light & Proven model. Key beneficiary of Tech adoption-India’s MSME...
INDIAMART - Convergence with RSI. Maintain strict SL of 4000 here. The stock is already low from 10,000 levels.
india mart up ward channel breakdown you can buy at low price as per your chart support and resistance keep showing support and help me by reply on commet
BUY IN THE RANGE OF 4700 TO 5000 Great support line TARGET 5800 6300 6700 RSI purely oversold (18) BUY IT !!