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DMart : Preparing for Up move.
AVENUE SUPERMARTS LTD
Long
DMart : Preparing for Up move.
By nitinvnk
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Jun 18, 2023
4
3
3
Jun 18, 2023
Looks like Dmart is planning to move up again.
Following is the logic of this Analysis
1. Change is Polarity , Resistance R1, R2 broken with Good volumes now this resistance may become support in coming weeks.
2. This Upcoming support is near Fib level.
3. Formed kind of Double Bottom B1, B2.
Expecting it to come at Support level let's see how it goes.
Note : It's just my Analysis which could be wrong too, not any buy and sell recommendation.
Double Top or Bottom
nitinvnk
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