Sell DmartDMART has broken the support line which will not act as Resistance. I have sell analysis for some time from now.
DMART trade ideas
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.
DMART - Has it bottomed?DMART has reached its support line and also RSI is showing in Oversold section. It might bounce from here to see 2375 levels in near term.
This is my personal view and its always advisable to take suggestion from Financial advisor before taking any trades.
DMart- Breaking TrendlineBreaking Long Trendline supported by RSI
Would it take support at it's 200 MA?
DMart Bearish Flag PatternBearish trend can be seen in Dmart.
Research for Educational purpose only.
Long ( Continuation Pattern ) We have invested in this We are holding and we are looking to Get out near 2900
One can look to invest 25000 + in this to take benefit of next move , its Going to Go up and its very high likely will make to target with in this Month
Follow the stop method , that is minimum risk , and trail the stop once the price moves out form the small pattern
Good luck
Sell it Sell D Mart below 2360 for t1 2300 and below that 2200.
If it gaps down, don't just trade, wait for retest or some action before deciding an entry
Avenue Supermarts Ltd. - WEEKLYAvenue Supermarts Ltd.
The stock is trading at the resistance level.
RSI is flat.
***TRADINGEDGE TIME-TREND INDICATOR IS BULLISH***
***TE BANDS ARE IN GREEN ZONE***
The price can move either side.
If the price trades below 2273, the next support is 50DAY SMA (1947).
If the price trades above resistance level 2560 next FIB resistance is 2566, and then 2710 on the weekly chart.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
DMART - POSITIONAL BUYPRICE MOVING IN CHANNEL. RETEST AT CURRENT SUPPORT LEVEL GOOD FOR LONG TILL TARGET OF THE PREVIOUS ALL TIME HIGH
DMART at cross roadsDMART stock price is fast approaching all time high and its showing bullish trend on many indicators. But the prices are at resistance line. We can go long if it breaks the resistance level.
*Open for constructive criticism please.
CUP AND HOLDER PATTERN IS FORMED IN DMART GOING FOR BREAKOUTCUP AND HOLDER PATTERN IS FORMED IN DMART AND IT SEEMS THERE WILL BE BREAKOUT IN DMART UPSIDE
DMART AnalysisDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
DMART LONG AT 2220Safe Entry - 2220 - Less chances of getting triggered
Risky Entry - 2261 - More chance of getting triggered
Tips : If NIFTY50 indices appears green in Morning Session, activate risky trade else wait for the safe entry
Dmart Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
