Avenue Supermart is showing a potential breakout on symmetrical triangle pattern. its sales also increasing QOQ and PBT as well.
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CMP : 4300
TG : 5600
SL : Below 21 day EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical :...
There is pole and flag pattern break in DMart, looks good for longs above 4340 with stoploss at around 3020 levels for the target of 5600 (there may be some resistance at around 4980 levels) then 6200.
--This is for educational purpose only, do your own analysis before investing and do not put more than 5 to 10% of your capital in one stock.
Bullish Chart Structure,
Higher Lows and Higher Highs formations are clearly visible and it is going to next resistance.
Buy Target : 3843, 3960, 4050+
SL: 3568 (1 day close basis).
Time Frame : 4 to 6 months.
Risk is yours and Reward is too yours totally
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.
DMART is near its weekly demand zone. Quarter results can decide which direction it will go. It is not able to sustain then, 3200-3400 level is next demand zone.
Avenue 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...
DMART has been facing rejection from the 3400 level since the mid of June 2021. Despite these multiple rejections,
the lows that it makes are gradually becoming higher. It took support at 3250 on 18.06.21, then again on 29.06.21,
then it formed the next swing low at 3300 on...
