Adi_tech

SELL DMART AROUND 3350 TGT 3100/2850 SL ABOVE 3450

Short
NSE:DMART   AVENUE SUPERMARTS
It has made a doji on the top of the chart with declining volumes along with divergence shown on RSI. On the fundamentals part, Revenue, operating profit and net profit has seen a sharp decline along with eps . Also the Price to book value ratio is too high @17.81.

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.