IndiaMART is ready for Blast

16 Eyl 2022

IndiaMART, the country's first and largest B2B digital marketplace, has emerged as a game-changer in the B2B scene. It focuses on quickly and easily integrating Small and Medium Businesses (SMEs) into the new paradigm; it is continually pushing the boundaries of innovation to make the online marketplace more accessible, visible, and engaging to them. This B2B classified market connects buyers and suppliers. On the platform, there are 14cr+ customers and 70L+ providers. Because 36% of providers are also purchasers, the system is remarkably self-sustaining. A subscription-based business model that is simple to administer.

Technical :- In this, Price made a symmetric triangle pattern in higher time frame and also made a bullish penant pattern in smaller time frame.

Entry :- 15min Time Frame triangle breakout retest

Stop loss :- ₹4580

Targets :- ₹5255,6875,7770,8800,9670,11390,13570,17390,19520 (Big targets are for the long term)