Long

Dmart

Updated

Dmart - Cmp 2802

Can long at cmp with sl 2600 on closing basis.

Reason:
1. Morning star candle forming at the base of the downtrend near support area.
2. Positive divergence.

Note

Dmart - Made high of 2953 and closed at 2936. Can expect some resistance at 2948. Once closed above 2948, following targets will be 3000/3130/3220/3300.

Note

Dmart - Moving again after some consolidation. Made high of 3080 today. Continue holding for other targets.

Note

2nd target achieved as well. Can hold with trailing stop loss.

Note

So Dmart has made a high of 3200, very close to our 3rd target. Can continue holding with trailing sl around 3130.

Trade closed: target reached

Dmart made a high of 3394 today and also a new all time high. All targets done here. Can continue holding with 3200 as trailing stop loss or book as per your capacity.

Note

Approximately 21% gains in 50days.

Note

Wow 3899 here.

HanishT

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