NileshChavan

Dmart bulls will push price higher

Long
NSE:DMART   AVENUE SUPERMARTS
Buy At 1520-1510 Stoploss 1450 Target 1675
Reasons for trade- 1. Dmart has broken channel on daily chart
2.Channel break and retest of support at 1460 is done
3.Price has to complete rounding bottom on weekly chart
4. Festivals are coming near so consumer consumption will increase and so profits.
5.Risk Reward 1:2
Trade active
Comment: entered at 1530 manually
Comment: 1530 to 1571-41 points intraday

Comments

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