DMART is a trending since late october and its currently on the 50EMA support of 1hr chart.
If it takes support then we can hope for new highs
Look for buying opportunities if the downward trendline is broken.
If the stock continues its downward momentum, then we can short the stock below 50ema of 1hr chart with good momentum, targets are marked with red trendlines
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.