SthitaprajnaYogi

DMART for 35% (approx..) Potential Gain

Long
SthitaprajnaYogi Updated   
NSE:DMART   AVENUE SUPERMARTS
Avenue Supermart is showing a potential breakout on symmetrical triangle pattern. its sales also increasing QOQ and PBT as well.

( www.screener.in/comp.../DMART/consolidated/ )
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.
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on fire...

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