Dmarttechnicalanalysis
DMART - Inverse Head & Shoulder PatternIt is an Inverse Head & Shoulder Formation.
On 18 may 2021, There is a Candle with a good volume breaking the Neckline of the Pattern. This is a positive sign or a confirmation for an Up move. Stock price is taking support of a Neckline. If stock shows some up move and when it breaks the nearest swing high (red candle next to the breakout candle) we can take entry for Swing or Positional trade.
So the Entry price is above 3090.95, we can take entry between 3095-3100.
Formula to calculate the Target Price
Target = (Height from head to neckline) + Neckline
Height from head to neckline = 309.45
Neckline = 3018.95
Target = 309.45 + 3018.95 = 3328.4
So we get here Target 3328.4 and it is near to the all time high price that is 3330.
You can consider stoploss close below the shoulders of the pattern as it can be the support line.
Disclaimer : I am not Sebi registered or expert in stock market. This is my personal analysis for educational purpose. I am not responsible for any profit / loss.
DMART - BREAKOUTDMART on 18 May gave a strong close after a RANGE BREAKOUT.
Fundamentally strong company is giving a technical indication to buy.
So let's just do it.
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
DMART -4 TIMES TOP Pattern on 4 hrs time frame -Bearish
T-2268,2212,2133
SL-2350,2459,2511
This analysis is for my own trading purpose.
DMARTDMART | Long | 1:4 |
Look For Buy (Positional)
Entry :- 2050
SL :- 1950
Target :- 2440
Keep Your Eyes On Index
(Risk Must Be Managed.)
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--Any Suggestions--
DMART ON DAILY TIMEFRAME.DMART TAKING SUPPORT ON TRENDLINE MIGHT BE BULLISH OR CONSOLIDATE ON MONDAY.
THIS IS JUST FOR EDUCATIONAL PURPOSE.
IF ANY SUGGESTIONS PLEASE LET ME KNOW IN THE COMMENT BOX.
Avenue SuperMarket is about to give double breakoutFollow these rules before buying :
1. The pattern break candle has good volume.
2. It retraces a little bit for last kiss.
3. Buy on the second green candle.
The RR is of 5:1
Do follow for more such analysis
Intraday opportunity in DMART (Avenue Supermarts)As mentioned in the chart DMART approaching a very important levels. 2180-2200 levels will be crucial for DMART.
If this opens below the level and fails to brk then one can look for shorting opportunities.
If this level is broken tomorrow and sustained then one can initiate long position both on intraday and positional basis.
AXIS BANK & DMART Analysis and trading setup |hindiHi guys this is Trader Kanishk
this is the Analysis for DMART & AXIS BANK
Points discussed in the video:
Why to go long
has it taken support
trendline breakout
new support levels
new targets
new stoploss levels
entry levels for sharp entry
and many more.
Please
Watch the entire video and
GO for It
DISCLAIMER
Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position.
One more very important thing
Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
