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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 2024-05-03 View latest technical analysis

10 day averaged volume of Indiamart Intermesh is 447325

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	2799.65	2889.65	2892.40	2775.00	0.911 times
02 Thu May 2024	2861.05	2702.00	2908.25	2702.00	7.23 times
30 Tue Apr 2024	2643.90	2638.80	2678.20	2624.20	0.219 times
29 Mon Apr 2024	2623.25	2640.05	2645.30	2600.10	0.211 times
26 Fri Apr 2024	2634.05	2684.40	2684.95	2622.55	0.168 times
25 Thu Apr 2024	2658.30	2637.00	2669.00	2627.50	0.175 times
24 Wed Apr 2024	2637.00	2630.00	2676.00	2621.65	0.355 times
23 Tue Apr 2024	2635.85	2604.00	2653.95	2590.65	0.379 times
22 Mon Apr 2024	2601.85	2555.95	2611.95	2540.05	0.426 times
19 Fri Apr 2024	2526.20	2495.00	2586.10	2487.05	0.466 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2795.5, for a target of 2695.5 or 2612.22

Share price targets for Indiamart Intermesh (INDIAMART)

Target Type	Value
Downside Target	2393.35
Downside Target	2475.00
Downside Target	2600.10
Downside Target	2684.95
Downside Target	2702.00
Downside Target	2727.90
Downside Target	2730.00
Downside Target	2783.95
Upside Target	2805.00
Upside Target	2908.25

Intraday share price targets for Indiamart Intermesh (INDIAMART)

Target Type	Value
Downside Intraday Target	2630.42
Downside Intraday Target	2461.18
Upside Intraday Target	2938.57
Upside Intraday Target	3077.48
Downside Intraday Target	2769.33

Weekly technical analysis of Indiamart Intermesh (INDIAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	2799.65	2640.05	2908.25	2600.10	5.704 times
26 Fri Apr 2024	2634.05	2555.95	2684.95	2540.05	1.174 times
19 Fri Apr 2024	2526.20	2550.00	2615.55	2487.05	1.361 times
12 Fri Apr 2024	2580.55	2548.45	2607.00	2531.05	0.275 times
05 Fri Apr 2024	2543.20	2647.95	2727.90	2535.00	3.051 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
03 Fri May 2024	2799.65	2702.00	2908.25	2702.00	1.074 times
30 Tue Apr 2024	2643.90	2647.95	2727.90	2487.05	1.146 times
28 Thu Mar 2024	2645.45	2660.00	2730.00	2475.00	0.632 times
29 Thu Feb 2024	2654.70	2500.00	2805.00	2495.10	0.871 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Indiamart Intermesh stock for short term is BUY. Signal strength is Strong and stock is gaining 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 coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 2798.57 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.