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Technicals for IndiaMART InterMESH Limited
By MusingTheNews
2025-06-13 20:39
Overall Technical outlook
Price Summary
On 2025-06-13, IndiaMART InterMESH Limited's stock began at 2421.0, climbed to 2478.6, dropped to 2360.0, and had 1.97% to end at 2468.7, with a volume of 105885 shares. The stock's highest price over the 52-week span is 3152.45, while the lowest price is 1925.65. According to 20 analysts, the future price is anticipated to vary between 1705.0 and 3000.0, with an average expected price of around 2418.8.
Technicals
Support and Resistance: The price for INDIAMART is 2468.7, with support at 2322.3 and resistance at 2498.1. This suggests a range where 2322.3 acts as a base, preventing declines, and 2498.1 caps gains, defining key trading levels. Support/Resistance for INDIAMART
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for IndiaMART InterMESH Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for IndiaMART InterMESH Limited
Parabolic SAR: The PSAR for INDIAMART has shifted from bullish to bearish, hinting at a possible market reversal. If supported by other trends, this could be a very bearish signal. Traders should consider this development carefully and seek additional confirmation before making decisions. Parabolic Stop and Reverse chart for IndiaMART InterMESH Limited
Stochastic: The K-line has dropped below the D-line on the stochastic indicator while staying above 80, suggesting that a bearish price move may be beginning. This pattern indicates that the market's upward momentum is weakening, potentially leading to a reversal. Investors should stay alert for additional signs of a downturn. Stochastic chart for IndiaMART InterMESH Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action. Tripple SMA chart for IndiaMART InterMESH Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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