WECLAN

AVENUE SUPERMARTS

Long
NSE:DMART   AVENUE SUPERMARTS
3228 RESISTANCE LEVEL.

2735 STOP LOSS based on SUPPORT LINE.

2800 STOP LOSS based on 200EMA LINE.
.
TECHNICALLY its BULLISH view because of trading above 200EMS on 4Hrs timeframe. Since 19th OCT 2020.


FUNDAMENTALLY not recommended for Long term holding because now P/E ratio is 193.30 below (24 P/E) safe. So it's a highly expensive stock for long-term investors.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.