NSE:INDIAMART has recently breakout its resistance level 5200, indicating a potential uptrend.
Price retested the level and moved upward with long green candle.
50 EMA crosses 200 EMA in daily time frame.
Traders may consider entering a position in the range of 5600-5800, with target levels at 6800 & 7900. It is important to note that trading carries a risk of loss, and a stop loss at 5180 is recommended to limit potential losses if the trade moves against expectations.
As always, it is important to conduct thorough research and analysis before making any trades. This post is not financial advice and should not be considered as such.
Price retested the level and moved upward with long green candle.
50 EMA crosses 200 EMA in daily time frame.
Traders may consider entering a position in the range of 5600-5800, with target levels at 6800 & 7900. It is important to note that trading carries a risk of loss, and a stop loss at 5180 is recommended to limit potential losses if the trade moves against expectations.
As always, it is important to conduct thorough research and analysis before making any trades. This post is not financial advice and should not be considered as such.
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
