IndiamartNSE:INDIAMART
Too Much corrected
Forming Consolodation
SMA(10) Buy
Ema-20== Buy
Sma20== Buy
Sma 50== Buy
Ema 50== Buy
Rsi is approx 40
INDIAMART trade ideas
IndiamartCMP: 2804.60
1. Trendline breakout and retest
2. Big bar candle
If stock price trendline candle day closing And retest than see bearish movement !
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
This content for only education purpose!
I am not SEBI Register.
Momentum stocksStocks ready to give break out to chath the momentum track stock learning something new like technofunda
Setup for Swing tradeHere in this post we have discussed one simple strategy which we can use for swing trading.
Cup and Handle Patter in the weekly chart of Indiamart intermeshentry level 3380 target - 4500
this is not a stock recommendation this is my study only make your own analysis and comment on the post for your opinion
Indiamart in the buy zone Hi every one indiamart investment buy opportunity created like adani enterprise
Buy zone mention with target
Inverted Head and Shoulder Breakout in IndiamartNIce INHS breakout seen in Indiamart
First Tgt 5100
2nd 5600
sl 4600
tf 1-2 months
Indiamart strong momentumIndiamart has given good breakout and maintained strong momentum after that.
Can be added if this momentum continues after a small pull. Or can wait for retest.
Triangle pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Indiamart big target Stocks has giving very good break out if weekly candle close upon my restence line and target is very big has i draw line see for closing of weekly candle
INDIAMARTConfluence:
=About to break market structure
=Imbalance market space
Short @ 5342
Stop loss @ 0.50%
Target @ 1%
Disclaimer
ONLY FOR EDUCATIONAL PURPOSE.
Indiamart-Bullish setupPrediction on Indiamart: Bullish based on a multiple confluences.
Bullish indications:
Trenline break
Fib level 0.618 retracement
Morning star candle in HL
HHHL
INDIAMARTIn 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 may get a start soon...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 and FIIs are increasing stake. No debt, zero promoter pledge, improving cash from operating activity annual and improving book value per share. Entry in the stock can be taken after closing above 4698. The Long Term Target in the stock will be 4908 and 5082. In a very long run the stock can reach 5277 and 5400+. Stop Loss should be maintained at a closing below 4400. For Paper Trading.
Classic Chart Pattern.India Mart keep an eye on this stock, forming symmetrical triangle, take action on the side of breakout.
RSI ANALYSIS OF INDIAMART INTERMESH!!!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 rest 'on the blue support line',
if the price falls down, or say it does not gives a breakout in rsi resistance line, then the price could reach its lowest support line(i.e, @3900), and rsi will go below 30, which will then show a rsi divergence from 7th march till the date when rsi went below 30. and this divergence cannot make the price more to fall(since the price would have reached its minimum support line). so the rules are not getting met.
therefore, the stock will rest at 4277, and then continue to move up, rsi will give a breakout.
one more point to add on, red trend line, shows that from he lowest point, the stock has given its breakout, so as the markets move upwards, stock will continue to go higher.
Reverse H/S pattern 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 Rs7550
Stop-loss Rs4465
Indiamrt - ready to breakoutIndiamart is ready to breakout. it can be long term story as well
buy above 4550
INDIAMART - Inverted Head & Shoulder patternAll 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.
INDIAMRT _Platform Stock will Bounce from here Target 25% from here
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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
