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.
Detailed View about this Breakout:
No.of Resistance: 5
No.of Support: 6
Consolidation Days: 675+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis
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.
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 Daily Time Frame Analysis
- Making Base
- Support at 4200 Resistance at 4500
- Breaking Resistance will take it to the next target levels 4800-5000-5200-5500
- My entry at 4265 with sl of 4150 for the mention targets will keep trailing stoploss
Please check my idea posted about DMART on 21st July. Both targets have been reached. 5% return in 14 days. :)
Jul 21
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...
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...
DMAT (Avenue Supermarts) is ready for big movement. Let's have a look at the weekly chart where in you can see that the stock is standing at 3317 levels and sustain above 3300 levels we can see the stock ride towards 4000+ levels in the coming 3-4 months time frame. The stock can be brought with the stop loss price at 2972 on closing basis.
The contents presented...
