Buying Opportunity - Levels & Target.

2020年6月17日

Hey Guys,

In this Post: Technical Analysis of IndiaMart & Technical View On Nifty.

IndiaMART Intermesh: IndiaMART is India's largest online B2B marketplace, connecting buyers with suppliers. indiamart.com/
Has no competitor in this sector.
NO Debt- No Pledging

FII & DII Has increased its stack in last quarter.

EMA : Price almost travel with 20 EMA, it is showing bearish trend below 100 EMA for now.


Bollinger Band:


RSI: Showing Bearish but it is not OverBought yet.

Fib Retracement: if crosses 0.5 level it will be bullish.


Williams Alligator:


Levels & Targets: IndiaMart


Nifty View: Global Markets are positive, Dow Closes more than 500 points Up,
Indo-China Conflict can make things worst,

Option Chain: 10032 is strong resistance, 9700 is strong support,
Market can fall under Bears control if Nifty Fall under 9700, Next Support is 9550, 9400.

Asian Martket: Mixed Signal - Market can Go sideways.
Nifty Has taken support on 20 EMA.


Thanks,
Please share your thoughts in comment, Let me know how can I improve.

2020年6月29日

トレード終了: 利益確定目標に到達

Hey Guys,

First two targets has been achieved in short span, Long term investor can stay but it is advisable to book some partial profits.