Stock analysis Indiamart Intermesh Ltd INDIAMART
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Recent prices of INDIAMART Indiamart Intermesh Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 08 Thu Jun 2023 | 5537.05 | 5518.05 to 5678.85 | -1.98% | 0.95 times |
| 07 Wed Jun 2023 | 5649.15 | 5612.20 to 5693.70 | 0.78% | 0.71 times |
| 06 Tue Jun 2023 | 5605.40 | 5583.00 to 5639.95 | -0.24% | 0.7 times |
| 05 Mon Jun 2023 | 5618.95 | 5581.00 to 5749.95 | -1.44% | 1.36 times |
| 02 Fri Jun 2023 | 5700.80 | 5600.00 to 5714.00 | 1.78% | 1.17 times |
| 01 Thu Jun 2023 | 5601.05 | 5551.50 to 5665.00 | 0.37% | 1.4 times |
| 31 Wed May 2023 | 5580.55 | 5495.10 to 5610.70 | 1.42% | 1.25 times |
| 30 Tue May 2023 | 5502.55 | 5485.00 to 5568.55 | -0.78% | 0.45 times |
| 29 Mon May 2023 | 5545.60 | 5534.55 to 5598.00 | -0.26% | 0.44 times |
| 26 Fri May 2023 | 5559.90 | 5456.65 to 5619.85 | 1.12% | 1.34 times |
| 25 Thu May 2023 | 5498.55 | 5433.00 to 5580.00 | -0.79% | 1.18 times |
| 24 Wed May 2023 | 5542.60 | 5480.15 to 5559.50 | 0.14% | 1.15 times |
Technical analysis forecast for Indiamart Intermesh Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Indiamart Intermesh Ltd INDIAMART at this time. Stock is falling and might fall more.
It appears as if Indiamart Intermesh Ltd INDIAMART gave a large move recently.
Stock of Indiamart Intermesh Ltd (INDIAMART) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Indiamart Intermesh Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5475 as stoploss in an intra day buy trade for a target of 5607.14. However, stock will show a bearish move below 5475.