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INDIAMARTMARKET OUTLOOKSTOCK OUTLOOK

Indiamart Outlook for the Week (October 16, 2023 – October 20, 2023)

Indiamart
Indiamart
Indiamart closed the previous week on a negative note losing 3.96%.

Technically, Indiamart share price will see immediate support at 2,773.98 and immediate resistance would be seen at 2,888.68.

If Indiamart share price closes below immediate support of 2,773.98, then sharp breakdown can be seen. Indiamart share price will see major support at 2,722.17 for the week.

On the positive side, immediate resistance will be seen at 2,888.68. Closing above 2,888.68, Indiamart share price will see a sharp breakout. Major resistance for Indiamart share price will be seen at 2,951.57 for the week.

Trading range for Indiamart share price for this week should be between 2,659.28 on down side and 3,003.38 on up side.

Indiamart Previous Week High: 2899.75

Indiamart Previous Week Low: 2785.05

Indiamart Previous Week Range: 114.7 Points

Indiamart share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 3,003.38
Resistance 2 2,951.57
Resistance 1 2,888.68
Support 1 2,773.98
Support 2 2,722.17
Support 3 2,659.28
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