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

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

10 day averaged volume of Indiamart is 6268

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 2648.20 2636.05 2671.00 2626.20 1.235 times
29 Mon Apr 2024 2625.05 2622.05 2647.10 2605.00 0.993 times
26 Fri Apr 2024 2635.25 2662.45 2680.00 2626.00 0.24 times
25 Thu Apr 2024 2656.15 2632.00 2668.00 2627.05 1.172 times
24 Wed Apr 2024 2637.10 2638.95 2675.00 2622.15 1.546 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2644.1, but if it comes below 2644.1, then a intra day sell could be more profitable.
If you take a sell trade below 2644.1, then use 2644.1 as stoploss and 2595.73 as target. However if you take a buy trade in stock , then use 2644.1 as stoploss and 2702.1 as target.

Share price targets for Indiamart (Indiamart)

Target Type Value
Downside Target 2395.00
Downside Target 2473.00
Downside Target 2615.00
Upside Target 2671.00
Upside Target 2680.00
Upside Target 2720.25
Upside Target 2739.40
Upside Target 2785.00
Upside Target 2803.60
Upside Target 2910.00

Intraday share price targets for Indiamart (Indiamart)

Target Type Value
Downside Intraday Target 2611.8
Downside Intraday Target 2575.4
Upside Intraday Target 2677.8
Upside Intraday Target 2707.4
Downside Intraday Target 2641.4

Weekly technical analysis of Indiamart (Indiamart)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 2648.20 2622.05 2671.00 2605.00 0.424 times
26 Fri Apr 2024 2635.25 2537.90 2680.00 2537.90 1.812 times
19 Fri Apr 2024 2526.05 2550.00 2615.00 2496.30 0.58 times
12 Fri Apr 2024 2579.55 2542.35 2605.00 2531.25 0.782 times
05 Fri Apr 2024 2544.05 2640.65 2720.25 2536.15 1.65 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 (Indiamart)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 2648.20 2640.65 2720.25 2496.30 1.287 times
28 Thu Mar 2024 2645.75 2652.00 2739.40 2473.00 0.758 times
29 Thu Feb 2024 2652.00 2531.25 2803.60 2495.60 0.549 times
31 Wed Jan 2024 2518.45 2755.60 2785.00 2395.00 1.071 times

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 (Indiamart)

Indicator Name Indicator Value Indicator Signal
ADX 22, 15, 20 Buy
MACD 3, -10Buy
Stochastics 76Buy
CCI 70Buy
RSI 49Sell
OBV 21328Sell
VWAP 2616Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Indiamart ( (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 ( (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 ( (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 ( (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 stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Indiamart 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 Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Indiamart in short term and BUY signal is strong.

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 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2615.87 and Indiamart (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 (Indiamart) stock. Volume based technical analysis of Indiamart (Indiamart) stock is negative.

Indiamart 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.

Click here for Indiamart charts

Click here for further forecast and predictions for tomorrow

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