In this Post: Technical Analysis of IndiaMart & Technical View On Nifty.
IndiaMART Intermesh: IndiaMART is India's largest online B2B marketplace, connecting buyers with suppliers. indiamart.com/ Has no competitor in this sector. NO Debt- No Pledging
FII & DII Has increased its stack in last quarter.
EMA : Price almost travel with 20 EMA, it is showing bearish trend below 100 EMA for now.
Bollinger Band:
RSI: Showing Bearish but it is not OverBought yet.
Fib Retracement: if crosses 0.5 level it will be bullish.
Williams Alligator:
Levels & Targets: IndiaMart
Nifty View: Global Markets are positive, Dow Closes more than 500 points Up, Indo-China Conflict can make things worst,
Option Chain: 10032 is strong resistance, 9700 is strong support, Market can fall under Bears control if Nifty Fall under 9700, Next Support is 9550, 9400.
Asian Martket: Mixed Signal - Market can Go sideways. Nifty Has taken support on 20 EMA.
Thanks, Please share your thoughts in comment, Let me know how can I improve.
거래청산: 타겟 닿음
Hey Guys,
First two targets has been achieved in short span, Long term investor can stay but it is advisable to book some partial profits.