Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor...
D-MART is Coming near to supportive trendline level (3400-3320). it is looking good near to the support line, As 1 Day RSI Level (27) also showing it is in oversold zone. Considering it for short term move with upside potential of 10-12%.
Target 1 : 3850
Target 2 : 4000
Disclaimer : The Above shared Content is for information and education purposes only and...
Avenue 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...
NSE:DMART is a very good fundamental company with strong management.
on daily time frame after a sharp fall, Smart has made 2 reversal patterns one is bull slush and second is morning star respectively.
one can bought this stock for short term target of 4218 and mid term target of 4602
DISCLOSURE : I have this company in my portfolio
NSE:DMART
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
You still think Technical Dont work, I posted weekly chart earlier for DMART and later it was slightly adjusted. now we have touched bottom edge and bounced
if close above 3950 it will be a good breakout
Dmart Long (21 July)
RSI- 64
Buy on close above- 3950
SL- 3880
Target- Open
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NSE:DMART
Stock -> Dmart
TimeFrame -> Weekly
Hello all!
Dmart has been consolidating in a flag structure since October 2021, thus forming a flag and pole pattern. It finally broke out of it with good volumes last week. This makes for a good opportunity to go long.
There are multiple reasons which strengthen my conviction on going long:
1) The stock has...
If Breaks Then The Targets can be Taken at 3339 and 3187 .
Time Frame :- 1 Hour
Patterns Name :- Triangle
Symbol Name :- Dmart
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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Hello Friends,
Here is DMART Buy call Generated as per HARMONIC PATTERN, Buy DMART Above 4100 for the Target of 5850 with stop loss of 3650 closing basis.
Happy trading.
the correction taken has over to certain level.
the script may start a rise from the CMP (or) the script may give a deep correction and then it may strat to raise.
recent quarter has shown a good results.
there are 2 possibility in impulse and one in corrective way nature. as of now we can go for the buy at CMP and we can average if the price come down....
