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Dmart-market-analysis

Avenue Supermarts Ltd - DMART - Positional TradeDate : 8-May-2024 Rating : Buy - Positional Trade LTP : Rs. 4,806.75 Targets: (1) Rs. 5,180 --> (2) Rs. 5,900 --> (3) Rs. 7,577 SL : Rs. 4,450 on daily close basis Technical View: • NSE:DMART is in its primary uptrend and was going through it's secondary downtrend. • After breaking out from its 2.5 years long secondary down trend on 19-Mar-2024, NSE:DMART has started the upward journey. • After making a new 52w high of 4,890 on 23-Apr-2024, it has taken support at 4,450 on 29-Apr-2024 and again started the upward journey on 30-Apr-2024. • RSI is trading at 65.32 and MACD is trading at 84.74 • Looking strong from here on. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
NSE:DMARTLong
by vicky252
Long term vision for D-MartAvenue supermarkets Ltd. has been proven to be a vital business for country's consumer and it will continue to be. Coming under 'necessary retail' I expect it to get hit lesser in any black swans from here-on. Fundamentals are healthy and the chart is in the process of looking better, good amount of correction is over. Expecting a fall from here of ~10% in the weekly block. Expecting it to run to new highs in the coming year. A gain of over 90% is what I aim for if we get to buy in low 3400s NFA--DYOR--GL
NSE:DMARTLong
by Degengambleh
D Mart : Avenue Supermarts Ltd., Sector: RetailAvenue Supermarts Pvt Ltd.is one of the leading buyer company of Food, Garments, Toys & Games, Stationery, Footwear, Beauty and various Home Utility Products. For Long-term Wait for dip buy. Watch on support level if on Support 4162 to 3995 show bullish candle go for buy. with 5 time investment process. Target : 4700 CMP : 4276.10 Its shows Down trend now. On Date 13/01/2022 best opportunity for Short sale. Once Support 1 break seen big downfall again. If you think information is useful please comment and follow for Daily Updates. Feel free to share your feedback and queries. If you want to know about your stock please mention in comment.
NSE:DMARTLong
by vahabsheikh
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