DMART Swing Trading View -- LONG for NSE:DMART by it_swing_trader

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trendanalysis chartpattern indicator dmart swingtrading swingtrade swingsetup long view

Weekly Trend - UP
Daily Trend - UP
Taking support at 200 SMA & respecting trend line

View - LONG @ 2335
SL - 2299
TGT 1 - 2376
TGT 2 - 2425

Comment: Still looking bullish to me @ 2200
Reason 1 ;- Support
Reason 2 : Fibo retracement support of 50%

Order cancelled

Trade closed manually

Related Ideas

about DMART 1

about MOTHERSUMI 2

Comments

I'm still bullish on this. If nifty gives little support and crosses 11600 in this week. we'll see 2300-2350 easily by sept 15.
my personal target is 2400+ minimum.

nifty should close above 11350 today otherwise will have to keep this position open or 15 days.

I'm averaging at 2243, made a mistake of FOMO in morning but made good average now. up by 35ots after averaging.

nifty 2% down. dmart which was trading at 2450 level around 15days back. available at 2210 levels.
some see downfall
some see opportunity

nifty has broken, so have all shares. should take support at 2200 or else we can se 1900 levels

taking good support at 2250

not active but looks still juicy to me at CMP 2270