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INDIAMARTMARKET OUTLOOKSTOCK OUTLOOK

Indiamart Outlook for the Week (August 21, 2023 – August 25, 2023)

Indiamart
Indiamart
Indiamart closed the previous week on a negative note losing 3.92%.

Technically, Indiamart share price will see immediate support at 3,033.30 and immediate resistance would be seen at 3,158.30.

If Indiamart share price closes below immediate support of 3,033.30, then sharp breakdown can be seen. Indiamart share price will see major support at 2,985.65 for the week.

On the positive side, immediate resistance will be seen at 3,158.30. Closing above 3,158.30, Indiamart share price will see a sharp breakout. Major resistance for Indiamart share price will be seen at 3,235.65 for the week.

Trading range for Indiamart share price for this week should be between 2,908.30 on down side and 3,283.30 on up side.

Indiamart Previous Week High: 3188

Indiamart Previous Week Low: 3063

Indiamart Previous Week Range: 125 Points

Indiamart share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 3,283.30
Resistance 2 3,235.65
Resistance 1 3,158.30
Support 1 3,033.30
Support 2 2,985.65
Support 3 2,908.30

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