Trade ideas
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.
DMARTDMART
Approaching important resistance.
Trend will remain bullish till its trading within Pith fork.
Any dips to Pith fork support can be bought into.
DMart - Cup and Handle Breakout View - PositionalDMart : Positional
Looks Good for Cup & handle Breakout
Long above 3300 with SL 3150
DMARTTriangle may be broken on upside.. Either can be bought at support line after showing reversal sign or can be bought at breakout of triangle
DMART | Simple INHS pattern - Lets give a try for 12%DMART | Simple INHS pattern - can see 12%
CMP : 2895
SL : 2780
Target : 3230
Almost 1:4 risk reward setup
Bullish reversal - Inverted head and shoulder 1. Head and shoulder breakout
2. Daily resistance breakout with a strong bullish candle
Targets and SL are mentioned on chart
