DMART trade ideas
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
DMART - Avenue Supermarts 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 here are only for Educational Purpose Only.
Dmart H&S pattern with BO Target 3330Dmart Short term Target 3330. BO done in H&S pattern. SL 2910 risk/reward 1:3
DMART Breakout# traders keep watching wait for confirmation candle after passing testing 15% move will be given
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.
