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INDIAMART INTERMESH LTDINDIAMART INTERMESH LTDINDIAMART INTERMESH LTD

INDIAMART INTERMESH LTD

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INDIAMART trade ideas

Indiamart Bullish flagBullish Flag Pattern: The chart displays a downward-sloping channel following a sharp upward movement, forming a bullish flag. This pattern suggests a potential continuation of the prior uptrend. Price Action: The price is currently at 3,045.00, with a recent high around 3,095.45. The consolidation within the flag indicates a pause before a possible upward breakout. Breakout Potential: The drawn line suggests an anticipated breakout to the upside. A breakout above the flag's upper boundary, especially with increased volume, would confirm the bullish continuation. Resistance Level: A resistance level is marked at 3,100.00. A successful breakout above this level could lead to further upward movement. Volume Analysis: The volume bars show moderate activity. An increase in volume during a breakout would provide stronger confirmation of the move. Trading Strategy: Consider entering a long position upon a confirmed breakout above the flag and resistance level, with a target set above 3,100.00. Use a stop-loss below the lower boundary of the flag to manage risk. Not So much confident in this stock. for learning purposes only.
NSE:INDIAMARTLong
by baddonkey99
INDIAMART : Can we try 1 year FD here.? Being Market Leader in B2B digital market space, Indiamart is under triangle for a while. It is now starting to get ahead of the consolidation. Even with consistent financial qtrs the market haven't rewarded the share price. The chart is showing positive sentiments. Zone appears to be good for accumulation. and its been accumulated by DIIs MFs. Data shows DIIs have doubled their stake to 11.8% from 5.6% since last year. with limited risk on the downside, will it be attractive opportunity?
NSE:INDIAMARTLong
by shivalingesh
Can Indiamart move above the dart?IndiaMART InterMESH Ltd. engages in the provision of platform to Small and Medium Enterprises, large enterprises, as well as individuals. India's largest online B2B marketplace, IndiaMART is at the forefront of transforming the landscape to facilitate ease of doing business through a well-entrenched network of hi-tech solutions and services. IndiaMART InterMESH Ltd. CMP is 2717.65. The positive aspects of the company are Mutual Funds Increased Shareholding, Annual Profit Growth higher than Sector Profit Growth, Company with No Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding and Growth in Net Profit with increasing Profit Margin. The Negative aspects of the company are High PE (PE=48.8) and Companies with growing costs YoY for long term projects. Entry can be taken after closing above 2742. Targets in the stock will be 2814 and 2857. The long-term target in the stock will be 2917, 2962 and 3018. Stop loss in the stock should be maintained at Closing below 2549 or 2399 depending on your risk taking ability. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:INDIAMARTLong
by Happy_Candles_Investment
IndiaMART InterMESH Limited: A Fortune-Friendly Investment OpporI am excited to share my analysis of IndiaMART InterMESH Limited's (BSE: 542726, NSE: INDIAMART). The company's business model, financial performance, and future prospects make it an attractive investment opportunity. Business Model: IndiaMART InterMESH Limited is a leading e-commerce company in India, operating a business-to-business (B2B) e-commerce platform that connects buyers and suppliers. The company's platform enables businesses to source products and services from a vast network of suppliers, thereby reducing costs and increasing efficiency. Financial Performance: The company's financial performance for FY 2023-24 is impressive, with a revenue growth of 15.6% year-on-year (YoY) and a net profit growth of 21.4% YoY. The company's revenue from operations has increased from ₹1,434.4 crore in FY 2022-23 to ₹1,655.6 crore in FY 2023-24, driven by the growth in its B2B e-commerce platform. Ratios to Consider: Return on Equity (ROE): 23.4% (FY 2023-24) Return on Assets (ROA): 14.5% (FY 2023-24) Price-to-Earnings (P/E) Ratio: 35.6 (FY 2023-24) Dividend Yield: 1.2% (FY 2023-24) These ratios indicate that IndiaMART InterMESH Limited is a profitable company with a strong financial position. The ROE and ROA ratios suggest that the company is generating significant returns from its equity and assets, respectively. The PEG ratio indicates that the company's stock is trading at a premium, reflecting its growth potential. The dividend yield is relatively low, indicating that the company is retaining its earnings to invest in future growth. Technical Analysis: Support, Resistance, and Predicting Prices Technical analysis is a method used by many traders to analyze price charts and identify potential trading opportunities. It involves studying historical price movements, trading volume, and various technical indicators to make predictions about future price movements. Support and Resistance Lines Support and resistance lines are two of the most basic and widely used technical indicators. A support line is a horizontal line drawn at a highly moved mid price level where the price has bounced back up from several times in the past. This suggests that there may be buying pressure at this level, as investors see it as an attractive price to buy the asset. A resistance line is a horizontal line drawn at a highly moved mid price level where the price has been rejected several times in the past. This suggests that there may be selling pressure at this level, as investors see it as a good price to sell the asset. Linear Regression Linear regression is a statistical technique that can be used to fit a straight line to a set of data points. In technical analysis, linear regression can be used to identify the trend of a price chart and to predict future prices. The slope of the regression line indicates the direction of the trend. A positive slope suggests an uptrend, while a negative slope suggests a downtrend. Using Support, Resistance, and Linear Regression Together Traders can use support, resistance, and linear regression together to develop a trading strategy. For example, a trader might look for opportunities to buy an asset when the price is near a support line and the linear regression line is sloping upwards. Conversely, a trader might look for opportunities to sell an asset when the price is near a resistance line and the linear regression line is sloping downwards. Other Criteria: Management Team: The company has a strong management team with a proven track record of driving growth and profitability. Industry Trends: The B2B e-commerce industry in India is growing rapidly, driven by the increasing adoption of digital technologies and the need for businesses to optimize their supply chain operations. Competitive Advantage: IndiaMART InterMESH Limited has a strong competitive advantage due to its large network of suppliers, robust technology platform, and extensive market reach. Valuation: The company's stock is trading at a reasonable valuation, considering its growth potential and financial performance. Conclusion: IndiaMART InterMESH Limited is a fortune-friendly investment opportunity that offers a unique combination of growth, profitability, and dividend yield. The company's strong financial performance, robust business model, and competitive advantage make it an attractive investment opportunity for long-term investors. I recommend that investors consider IndiaMART InterMESH Limited for their portfolio, especially those looking for exposure to the growing B2B e-commerce industry in India.
NSE:INDIAMARTLong
by stocktechbot
IndiaMART InterMESH Ltd 🚀: Buying Range: Rs. 2750-2800🌟 Stock Alert: IndiaMART InterMESH Ltd 🚀 Don't miss this golden opportunity! IndiaMART (NSE: INDIAMART) is shining bright! 💫 🎯 Buying Range: Rs. 2750-2800 📊 Investment Highlights: 📈 Fresh triangle breakout with strong volume 📊 💼 Best buying opportunity 💰 🚨 Disclaimer: Investing involves risks. Conduct thorough research and consult a financial advisor. Past performance doesn't guarantee future results. Invest wisely. 💼💡 #IndiaMART #StockMarket #InvestmentOpportunity
NSE:INDIAMARTLong
by chartbook_by_vs
INDIAMART for another 46% DOWN movement Based on the observed four-wave pattern within the monthly timeframe, there's a distinct possibility for a continuation towards a fifth wave, indicated by prevailing market signals. Consequently, a prudent strategy would involve considering short positions subsequent to a breakout in price action. It's advisable to manage such positions by trailing stops in alignment with downward movements, thereby optimizing risk management within the trade.
NSE:INDIAMARTShort
by ElliottWaveInsights