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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)

10 day averaged volume of Indiamart Intermesh is 137355

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 2632.20 2644.95 2729.45 2583.90 0.084 times
17 Fri May 2024 2636.60 2630.00 2653.25 2588.05 1.127 times
16 Thu May 2024 2621.75 2655.00 2655.00 2602.60 0.943 times
15 Wed May 2024 2627.75 2634.90 2652.80 2620.00 0.635 times
14 Tue May 2024 2626.20 2659.90 2659.90 2615.35 1.324 times

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 2603.2 as stoploss in an intra day buy trade for a target of 2672.61. However, stock will show a bearish move below 2603.2.

Share price targets for Indiamart Intermesh (INDIAMART)

Target Type Value
Downside Target 2393.35
Downside Target 2475.00
Upside Target 2684.95
Upside Target 2727.90
Upside Target 2729.45
Upside Target 2730.00
Upside Target 2783.95
Upside Target 2805.00
Upside Target 2821.40
Upside Target 2908.25

Intraday share price targets for Indiamart Intermesh (INDIAMART)

Target Type Value
Downside Intraday Target 2567.58
Downside Intraday Target 2502.97
Upside Intraday Target 2713.13
Upside Intraday Target 2794.07
Upside Intraday Target 2648.52

Weekly technical analysis of Indiamart Intermesh (INDIAMART)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 2632.20 2644.95 2729.45 2583.90 0.018 times
17 Fri May 2024 2636.60 2665.00 2675.65 2588.05 0.7 times
10 Fri May 2024 2665.80 2819.95 2821.40 2628.55 0.237 times
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

Price has moved down 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 Mon May 2024 2632.20 2702.00 2908.25 2583.90 1.534 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

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Indiamart Intermesh (INDIAMART)

Indicator Name Indicator Value Indicator Signal
ADX 23, 16, 18 Buy
MACD 3, 17Sell
Stochastics 16Sell
CCI -29Buy
RSI 56Buy
OBV 2540653Sell
VWAP 2665Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Indiamart Intermesh in short term but the sell signal is initial and weak.

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 red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2665.06 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.

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