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Technicals for IndiaMART InterMESH Limited
By MusingTheNews
2026-02-03 20:40
Overall Technical outlook
Price Summary
2026-02-02, saw INDIAMART's stock open at 2195.2, hit a peak of 2229.6, fall to a low of 2162.3, and close higher 0.68% at 2210.1, with 131810 shares changing hands. The stock's peak price over the last 52 weeks is 2741.6, with the lowest being 1925.65. 19 analysts estimate that the future price of INDIAMART will fall between 1975.0 and 3500.0, with an average price expectation of approximately 2552.7896.
Technicals
Support and Resistance: The current price sits at 2210.1, supported at 2156.6 and capped by resistance at 2218.1. These levels define a range for INDIAMART where the price might stabilize, with 2156.6 as a floor and 2218.1 as a ceiling. Support/Resistance for INDIAMART
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for IndiaMART InterMESH Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for IndiaMART InterMESH Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for IndiaMART InterMESH Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for IndiaMART InterMESH Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for IndiaMART InterMESH Limited
Tripple Moving Agerage: The 20-50-100 period moving averages are aligned in a bullish formation for IndiaMART InterMESH Limited, though caution is advised as the slopes of the shorter-term averages indicate a possible reversal ahead. While the trend remains upward, the weakening momentum in the faster-moving averages suggests that a shift in direction could be on the horizon. 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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