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tradewithamey_

DMart-Is the breakout for ATH done?

Long
AVENUE SUPERMARTS (NSE:DMART)  
tradewithamey_ Updated   
NSE:DMART   AVENUE SUPERMARTS
Trend Analysis Triangle Technical Indicators DMART avenuesupermarts Ascending Triangle breakouttrading consolidation ATH largecap riskytrade
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trendanalysis triangle indicator dmart avenuesupermarts ascendingtriangle breakouttrading consolidation ath largecap riskytrade
Dmart has been consolidating in an ascending triangle pattern since it had tested its strong demand zone of 3200-3300.
Stock managed to give a weekly closing above the resistance of 4200.
It is a high risk, high growth stock, so trade accordingly. Valuation at current price is not good for investing.
Stock can touch ATH if we see a bullish market again.
Comment:
T1 done!
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