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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 2024-03-12 View latest technical analysis

10 day averaged volume of Indiamart Intermesh is 102889

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	2614.65	2580.00	2689.40	2568.75	9.999 times
11 Mon Mar 2024	2547.30	2604.50	2619.90	2534.70	0.847 times
07 Thu Mar 2024	2609.25	2600.00	2639.80	2584.10	0.702 times
06 Wed Mar 2024	2580.80	2634.90	2635.65	2564.20	1.069 times
05 Tue Mar 2024	2639.80	2624.65	2659.70	2608.45	0.868 times
04 Mon Mar 2024	2624.65	2675.00	2675.00	2621.05	0.969 times
02 Sat Mar 2024	2657.75	2640.00	2675.00	2626.00	0.053 times
01 Fri Mar 2024	2656.40	2660.00	2669.75	2626.05	0.891 times
29 Thu Feb 2024	2654.70	2651.10	2669.95	2608.15	1.941 times
28 Wed Feb 2024	2663.60	2720.00	2724.00	2640.75	1.273 times

Stock of Indiamart Intermesh (INDIAMART) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2612.7 as stoploss in an intra day buy trade for a target of 2675.57. However, stock will show a bearish move below 2612.7.

Share price targets for Indiamart Intermesh (INDIAMART)

Target Type	Value
Downside Target	2393.35
Downside Target	2495.10
Upside Target	2689.40
Upside Target	2689.50
Upside Target	2724.00
Upside Target	2783.95
Upside Target	2787.00
Upside Target	2805.00
Upside Target	2912.00

Intraday share price targets for Indiamart Intermesh (INDIAMART)

Target Type	Value
Downside Intraday Target	2536.43
Downside Intraday Target	2458.22
Upside Intraday Target	2691.13
Upside Intraday Target	2767.62
Downside Intraday Target	2612.92

Weekly technical analysis of Indiamart Intermesh (INDIAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	2614.65	2604.50	2689.40	2534.70	3.006 times
07 Thu Mar 2024	2609.25	2675.00	2675.00	2564.20	0.537 times
02 Sat Mar 2024	2657.75	2670.00	2724.00	2608.15	0.524 times
23 Fri Feb 2024	2670.95	2765.05	2805.00	2660.10	1.112 times
16 Fri Feb 2024	2775.15	2696.95	2787.00	2640.95	0.917 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indiamart Intermesh (INDIAMART)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	2614.65	2660.00	2689.40	2534.70	0.338 times
29 Thu Feb 2024	2654.70	2500.00	2805.00	2495.10	0.871 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

Scroll below to view daily charts

Price has moved down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Indiamart Intermesh ( (INDIAMART) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indiamart Intermesh ( (INDIAMART) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indiamart Intermesh ( (INDIAMART) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Indiamart Intermesh in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 2620.78 and Indiamart Intermesh (INDIAMART) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.