DMART LOOKING BULLISH IN SOME DAYS.WHEN DMART BREAKOUT UPSIDE WITH GOOD VOLUME OR SUSTAIN ON YELLOW LINE THEN WEGO FOR LONG IN DMART .
DMART trade ideas
DMART LONG : Multi Time Frame Analysis.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 15.07.21.
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If we zoom in to the 30 min chart, we can clearly see that the previous times when price reached the 3400 zone, it
was rejected severely, but on the latest occasion on 20.07.21, price has stuck close to that level for a couple of
hours and has closed very near to 3400, at 3397.
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The formation on the daily chart resembles an ascending triangle and if we look closely, the volume has been
positive and increasing the past few sessions with above average volume on 20.07.21. If DMART does finally break
past this level, a long can be initiated if the price sustains above the "LONG ABOVE" level for 15 minutes, keeping
the following levels in mind:
LONG ABOVE: 3425
STOP LOSS: 3335
TARGET 1: 3515
TARGET 2: 3600
Remember, trade your plan, risk management is key.
Like and follow for more. :)
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DMART IS READY FOR FRESH UPSIDE RALLYBUY DMART AT CMP 3450-3455 TGT 4000
SL: DAILY CLOSING BELOW 3379
REASON:
1> RSI Sustaining above 60
2 > Blue Zone Started with Rising Volume and BOX Breakout
3 > Box Formed in Established uptrend
DMART LONGDmart is forming a perfect cup and handle pattern, we can enter only if a strong breakout candle supported with volumes is formed.
Dmart Cmp 3397 dated 20.7.2021 Dmart Cmp 3397 dated 20.7.2021
1. Flag Pattern on chart BO @ 3420
Buy for a tgt of 3570-3870 SL 3300
It is just a view, pls trade at your own risk.
Expecting Range Breakout ✌✌✌This scrip is expected to Give Range Breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
DMART BUY BUY BUYD-MART is showing breakout signals, recommended to buy and accumulate between 3375 - 3400,for target of 3620
Analysis of TrendThis is how how I analyse the trend of stock and their pattern formations.
This is just my analysis of a trend of a stock Dmart.
I'm not a proffessional trader/pro trader.
This post is just for information purpose only.
DMARTPrice is holding upper levels of a horizontal channel, it's a sign of possible breakout.
One can enter above 3400 on closing basis,
stop below middle line - 3320,
measured target - 3550.
D-Mart trend analysis D-Mart trend chart analysis . after analysing chart in my opinion this is right time to buy d mart for positional trade
Continuous 2 Dojis with Lower highs and Lows on weeklyDmart is looking weak on weekly chart and some downside is expected, good opportunity is coming to add for long term if it goes down. It's wait and watch situation next week.
DMART ( Round bottom done & breakout)buy zone 3100- 3200
target- 3500- 3750-3900
time- mid term
accumlation near to end ready for blast
DMART- Breakout Monday is going to be decisive day for confirming this breakout which is a weekly breakout and which are more reliable than daily breakout. The closing was above the break even point so we'll have to wait for the opening of the script to remain above the resistance line to look for a new one and turns this resistance point into a new support line.Do apply requisite SL to avoid whipsaw.
SL-3164 insinuated by EMA-22
more details will be updated soon....
#DMART all targets done from my side and sold all stocks #DMART all targets done from my side and sold all stocks, you can keep it as per your risk profile.
#DMART in accumulation zone. buy between 3025 to 3055. Target is 3309. i will share the analysis end of the day . there is a resistance @ 3135, once it crosses that then it will go like a 🚀🚀🚀🚀🚀🚀
Shared on May 31, 2021
Dmart Positional buy Dmart June 21 (KP)
add near 3130 (50 % qty)
rest ( 50% qty)near 2830 level if fall
Stoploss -2500
target - 3800 / 4200
