Sell Dmart with SL of 1516.8 and target of 1487/1475.
Disclaimer :
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On a weekly time frame, NSE:DMART is at a very critical juncture, breaking the high of the last weekly candle would boost the confidence in the long setup.
Diwali Pick.
DMART day chart study.
Dmart bulls can exit their long positions completely as DMART has closed below 200 SMA after a major trendline breakdown.
Expecting it to move towards 1120-980 zone. We will take a decision to buy DMART depending on it price action in coming days.
Based on my PredictiveSystem's signals, tomorrow (06-Apr) its going to be a GREEN candle for NSE:DMART
Buy above: 1406
Target-1: 1416.1
Target-2: 1422.3
Target-3: 1429
Stop loss: 1394.1
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research...
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