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Long term vision for D-Mart
AVENUE SUPERMARTS LTD
Long
Long term vision for D-Mart
By Degengambleh
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Jan 7, 2023
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Jan 7, 2023
Avenue supermarkets Ltd. has been proven to be a vital business for country's consumer and it will continue to be.
Coming under 'necessary retail' I expect it to get hit lesser in any black swans from here-on.
Fundamentals are healthy and the chart is in the process of looking better, good amount of correction is over.
Expecting a fall from here of ~10% in the weekly block. Expecting it to run to new highs in the coming year.
A gain of over 90% is what I aim for if we get to buy in low 3400s
NFA--DYOR--GL
2023
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