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INDIAMARTMARKET OUTLOOKSTOCK OUTLOOK

Indiamart Outlook for the Week (August 14, 2023 – August 18, 2023)

Indiamart closed the previous week on a negative note losing 3.15%.

Technically, Indiamart share price will see immediate support at 3,091.33 and immediate resistance would be seen at 3,192.33.

If Indiamart share price closes below immediate support of 3,091.33, then sharp breakdown can be seen. Indiamart share price will see major support at 3,048.47 for the week.

On the positive side, immediate resistance will be seen at 3,192.33. Closing above 3,192.33, Indiamart share price will see a sharp breakout. Major resistance for Indiamart share price will be seen at 3,250.47 for the week.

Trading range for Indiamart share price for this week should be between 2,990.33 on down side and 3,293.33 on up side.

Indiamart Previous Week High: 3207.6

Indiamart Previous Week Low: 3106.6

Indiamart Previous Week Range: 101 Points

Indiamart share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 3,293.33
Resistance 2 3,250.47
Resistance 1 3,192.33
Support 1 3,091.33
Support 2 3,048.47
Support 3 2,990.33

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