DMART Swing Trading View -- LONGWeekly Trend - UP
Daily Trend - UP
Taking support at 200 SMA & respecting trend line
View - LONG @ 2335
SL - 2299
TGT 1 - 2376
TGT 2 - 2425
DMART trade ideas
Continuation of upmoveRSI Divergence suggesting uptrend to continue. Plus no resistance at sight expect early June High. Enter at support with SL at 2296 and Target at 2527.30
Short DMARTHOLDING BELOW 2200 , stock will continue its corrective journey & can lead to the level of 2000/1950 again.
Avenue Supermarts Ltd - WEEKLY CHART VIEW!!Avenue Supermarts Ltd. trading above mid bollinger band whereas technical indicators are mild bullish near by resistance is 2527 and if price closes below mid bollinger band 2266 near by support is 1955 on weekly chart.
DMART LONG IDEAPrice broke above trendline and retest is complete. T1 at 2386 and T2 at 2524. Place Stop Loss right below support.
DMART - 4H TF - Bearish BatBearish Bat pattern forming on 4H Chart of DMART. SELL 2265, SL 2300.1, Target(s) - 2230, 2220.
D MART TECHNICAL ANALYSISHELLO FRIENDS I AM AGAIN WITH A NEW IDEA. FRIENDS I HAVE D MART CHART PATTERN HERE .FRIENDS IT IS MAKING A SYMMETRICAL TRIANGLE CHART PATTERN . ITS SUPPORT PRICE IS AT RS 2172 AND RESISTANCE PROCE IS AT RS 2200 . ITS TARGET FOR DOWNWARD YOU CAN TAKE IS RS 2112 . AND TARGET FOR UPWARD YOU CAN TAKE IS RS 2230 . ALSO FRIENDS FROM MY OPINION I THINK IT CAN GO DOWN . THANK YOU FOLLOW AND LIKE THIS PLEASE .
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.
Bullish viewDmart have bullish crossover and its now it's strong support zone, it can be buy with sl of 2122, target 2222
MIGHT REACH 2200 IF FEW MORE GREEN CANDLES ARE FORMED ABOVE 2170THERE IS A DOUBLE BOTTOM BEING FORMED AND THE NECKLINE IS BROKE
THERE IS RESISTANCE AT 2160
AND THE BEARISH TREND EXPIRED AND BULLISH TREND HAS BEGAN.
(ALL THE ORDER TYPE I CHOOSE IS CNC)
NEW SWING TRADER :)
DMART LONG CALLDmart having bounceback form it low of 2030 today Dmart having bullish candle on daily chart for the further upside trend
Buy at 2130-2135
TGT-2250
Stoploss-2070
DMART FOR SWING TRADEENTRY :- BETWEEN 1697-1728
SL :- 1551
TARGET :- 2100
Earlier dmart price has retraced twice from levels of 1697-1728 as shown in the figure
It can be a good retracement trade !!
Follow Entry,SL & Target Properly !!
Sell DmartDMART has broken the support line which will not act as Resistance. I have sell analysis for some time from now.
DMART - Gap fill
Strategy 1: Short below 1980 (sustained below on the 15 min chart) for T1: 1955, T2: 1900 with SL at 2020
Strategy 2: Short below 1955 (sustained on the 5min chart) for 1900 with SL at 1980
(For choice of trade entry levels - check the hourly chart)
Long term Investing Idea - The stock is at a attractive price point around the 1900s. Expected to rebound up pretty quick after the gap fills. I would go long on August 2000CE, in the 1800-1900 zone on signs of reversal
Dmart in Buying ZoneDmart is in deep oversold zone and after the sharp sell-off, one upside correction is expected. Dmart is taking the support of the daily demand zone between 1900-1950. Tomorrow if Dmart is opening positive and sustain above 2030 then it can give a positive move till or beyond 2100. Do watch price action before taking the trade.
Please Note - All the green lines mean the support zone/demand zone
and all the red lines mean the resistance zone/supply zone.
