INDIAMART trade ideas
Live Intraday Trading - How I made Rs.1,00,000 in Indiamart ?There were quite a few reasons for shorting Indiamart at that level :
1.Have a look at it's daily , no stock can trade in a single direction , it's shouting for a pullback .
2.Market opened gap down , a hindi quote = "Sone pe suhaga"
3.It tried going higher and failed .
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Buying Opportunity - Levels & Target.Hey Guys,
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. www.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.
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