nitinvnk

DMart : Preparing for Up move.

Long
NSE:DMART   AVENUE SUPERMARTS

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.
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