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tradewithamey_
Mar 25, 2024 9:49 AM

DMart-Is the breakout for ATH done? Long

AVENUE SUPERMARTSNSE

Description

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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