Dmart - Avenue Supermarkets cmp 4238.50 by Weekly Chart viewDmart - Avenue Supermarkets cmp 4238.50 by Weekly Chart view
* Support Zone 3275 to 3375 Price Band
* Resistance Zone 4300 to 4425 Price Band
* Falling Resistance and Rising Support Trendlines are respected by the ongoing momentum
* Basis Resistance Zone breakout one may anticipate for higher price levels on this stock counter
Avenuesupermarketstechnicalsetupanalysis
Dmart - Avenue Supermarkets cmp 4020.00 by Weekly Chart viewDmart - Avenue Supermarkets cmp 4020.00 by Weekly Chart view
- Resistance Zone at 4200 to 4300 Price Band
- Back to Back repeated Bullish Rounding Bottoms but is facing good strong hurdle at Resistance Zone neckline
- Falling Resistance Trendline breakout seems to be sustained but the Resistance Zone breakout remains and needs to be breached thru