INDIAMART- Reversal Possible

2022년 1월 29일

Candlestick 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.

2022년 2월 1일

액티브 트레이드

Pattern Reversed: Stock is turning bullish with increasing volume.

2022년 2월 1일

노트

On 30 min candlesticks, there is a Rounding cup pattern breakout between 27/01 to 31/01. Validated by Volume chart.
Depth of the rounding cup suggests Target 1- 5584.