DMART for 35% (approx..) Potential Gain

SthitaprajnaYogi Updated   
Avenue Supermart is showing a potential breakout on symmetrical triangle pattern. its sales also increasing QOQ and PBT as well.

( )
All data is available in public domain..

CMP : 4300
TG : 5600
SL : Below 21 day EMA

Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on daily chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.
Trade active:
on fire...


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.