simple_trader2022

INDIAMART 1H TF

Long
simple_trader2022 Updated   
NSE:INDIAMART   INDIAMART INTERMESH LTD
Indiamart forming head and shoulders pattern. It is good to go long in this stock. Also can be added as a long term stock in portfolio.
CMP :- 6671
Target :- 7000+
SL :- 6500
Also it is at a crucial level(61.8% FIB LEVEL) in 1M TF, so it can go back to it's ATH from this point.

Disclaimer :- This is just my view. Please analyse charts yourself and then decide to take any trades.
Trade active:
Halfway through and more to come.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.