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Technicals for IndiaMART InterMESH Limited
By MusingTheNews
2025-10-17 20:39
Overall Technical outlook
Price Summary
IndiaMART InterMESH Limited's stock opened at 2350.1 on 2025-10-17, surged to 2367.3, hit a low of 2330.9, and closed up -0.26% at 2344.1, with 59121 shares traded. During the 52-week span, the stock hit a high of 3013.15 and a low of 1925.65. The future price of INDIAMART is projected to range from 1890.0 to 3800.0, with an average expected price of 2660.15, according to 20 analysts.
Technicals
Support and Resistance: The price sits at 2344.1, supported by 2308.1 and resisted by 2498.1. This indicates a trading range where 2308.1 provides a floor, preventing declines, and 2498.1 acts as a ceiling, limiting further price increases for INDIAMART. Support/Resistance for INDIAMART
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for IndiaMART InterMESH Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for IndiaMART InterMESH Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for IndiaMART InterMESH Limited
Stochastic: The STOCHASTIC is currently in a neutral position for IndiaMART InterMESH Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Stochastic chart for IndiaMART InterMESH Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages shows a bullish trend, but the declining slopes of the 20 and 50 SMAs suggest that this trend may be weakening. This loss of momentum could be a sign that the market is nearing a reversal, with the possibility of a bearish shift in price action becoming more likely in the near future. Tripple SMA chart for IndiaMART InterMESH Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
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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