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DMART - Bullish Consolidation Breakout
AVENUE SUPERMARTS LTD
Long
DMART - Bullish Consolidation Breakout
By BrahmaBull31
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Oct 4, 2023
1
Oct 4, 2023
NSE: DMART is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
bullishbreakout
Candlestick Analysis
consolidationbreakout
DMART
nseindia
stockmarketindia
Supply and Demand
Support and Resistance
swingtrade
volumes
BrahmaBull31
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