Is INDIAMART INTERMESH in uptrend or downtrend?

In the short term price movements in INDIAMART share indicates the market has a decisive bearish trend.

What is INDIAMART INTERMESH share price forecast for tomorrow?

In IndiaMART InterMESH Limited stock current resistance level is at 2037 and support level is at 1940. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bearish.

What are INDIAMART INTERMESH support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For IndiaMART InterMESH Limited in the short-term, the supply zone around 2037 and 2040. Hence, good chances of resistance around 2040. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for IndiaMART InterMESH Limited share is around 1940 and 1940. Hence, good chances for support around 1940.

Why is INDIAMART INTERMESH share price falling today?

Latest analysis on INDIAMART stock suggest, as per it's price structure, it is making lower highs and lower lows on intraday charts. This represents a bearish trend. That's why INDIAMART stock is having a fall today. Perhaps it's worth looking at the long-term and mid-term trend analysis of INDIAMART stock to understand the overall trend.

INDIAMART INTERMESH Share Price | Forecast Today

Analyzing Market Data

Analyzing Market Data