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(INDIAMART) Indiamart Intermesh complete technical analysis [charts+indicators] | Buy/Sell Indiamart Intermesh | (INDIAMART) share price targets

Complete technical analysis of Indiamart Intermesh (INDIAMART) by charts plus indicators, forecast predictions and share price targets for Indiamart Intermesh (INDIAMART)

Showing technical analysis as on 2024-02-20 View latest technical analysis

10 day averaged volume of Indiamart Intermesh is 264497

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	2784.05	2780.00	2793.10	2736.05	1.358 times
19 Mon Feb 2024	2778.00	2765.05	2805.00	2757.65	1.377 times
16 Fri Feb 2024	2775.15	2732.25	2787.00	2713.50	1.004 times
15 Thu Feb 2024	2731.30	2710.00	2744.80	2686.05	0.709 times
14 Wed Feb 2024	2705.15	2726.60	2731.05	2676.05	0.774 times
13 Tue Feb 2024	2699.65	2742.80	2745.00	2640.95	0.747 times
12 Mon Feb 2024	2742.75	2696.95	2769.90	2696.00	1.246 times
09 Fri Feb 2024	2696.60	2699.00	2711.40	2649.85	0.641 times
08 Thu Feb 2024	2687.40	2693.00	2717.50	2665.00	1.359 times
07 Wed Feb 2024	2673.60	2605.00	2687.00	2603.05	1.27 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2738.1, but if it comes below 2738.1, then a intra day sell could be more profitable.
If you take a sell trade below 2738.1, then use 2738.1 as stoploss and 2623.75 as target. However if you take a buy trade in stock , then use 2738.1 as stoploss and 2875.4 as target.

Share price targets for Indiamart Intermesh (INDIAMART)

Target Type	Value
Downside Target	2393.35
Downside Target	2495.10
Downside Target	2640.95
Downside Target	2717.50
Downside Target	2736.05
Downside Target	2783.95
Upside Target	2787.00
Upside Target	2805.00
Upside Target	2912.00
Upside Target	2924.35

Intraday share price targets for Indiamart Intermesh (INDIAMART)

Target Type	Value
Downside Intraday Target	2745.07
Downside Intraday Target	2706.08
Upside Intraday Target	2814.02
Upside Intraday Target	2843.98
Downside Intraday Target	2775.03

Weekly technical analysis of Indiamart Intermesh (INDIAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	2784.05	2765.05	2805.00	2736.05	0.611 times
16 Fri Feb 2024	2775.15	2696.95	2787.00	2640.95	0.917 times
09 Fri Feb 2024	2696.60	2550.00	2717.50	2522.90	1.605 times
02 Fri Feb 2024	2562.05	2469.95	2583.85	2438.55	0.902 times
25 Thu Jan 2024	2449.20	2654.00	2654.00	2416.65	0.35 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Indiamart Intermesh (INDIAMART)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	2784.05	2500.00	2805.00	2495.10	0.65 times
31 Wed Jan 2024	2521.35	2721.00	2783.95	2393.35	0.777 times
29 Fri Dec 2023	2721.90	2605.75	2912.00	2578.00	1.669 times
30 Thu Nov 2023	2604.05	2645.00	2689.50	2533.85	1.362 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Indiamart Intermesh (INDIAMART)

Price action analysis of Indiamart Intermesh ( (INDIAMART) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Indiamart Intermesh ( (INDIAMART) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Indiamart Intermesh ( (INDIAMART) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Indiamart Intermesh stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Indiamart Intermesh in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indiamart Intermesh Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Indiamart Intermesh in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Indiamart Intermesh is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2730.85 and Indiamart Intermesh (INDIAMART) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Indiamart Intermesh (INDIAMART) stock. Volume based technical analysis of Indiamart Intermesh (INDIAMART) stock is negative.

Indiamart Intermesh Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.