DMART trade ideas
Avenue Supermarkets - study - Buy on dips upto 1784Avenue supermarkets near resistance zone of 1915, close above 1916 will open for more upside. Targets Open.
The stock has bounced from its low of previous gap up bottom(low) of 1784 and bounced upto 1900 with good volumes on 17th Dec. The stock has turned bullish. Keep an eye on #Dmart above 1915 Targets open. Stoploss : 1700
DMARTDMART is still negative.
RSI Still below 50.
Supertrend 7,3 is still negarive
Supertrend 7,0.5 is Positive
Volume is reducing
Conclusion, Need to wait RSI to cross above 55
DMART - Bullish Bat - 4H TFBullish Bat pattern on 4H Chart of DMART. BUY 1767-1768, SL 1754.9, Target(s) - 1780, 1785.
#Dmart Forming Flag pattern @in_tradingviewNSE:DMART
on breakout above 1925 1940
can go to 2200+
sl 1820
good Portfolio stock
Dmart bulls will push price higherBuy At 1520-1510 Stoploss 1450 Target 1675
Reasons for trade- 1.Dmart has broken channel on daily chart
2.Channel break and retest of support at 1460 is done
3.Price has to complete rounding bottom on weekly chart
4. Festivals are coming near so consumer consumption will increase and so profits.
5.Risk Reward 1:2
DMart form Bearish RSI Divergences on Daily ChartHi Trader,
Dmart form Bearish RSI Divergences on Daily Chart.
Bearish View on stock till 200 sma :
1) D'Mart has faced resistance at zone of 1510 -1530 & downtrend started
2) Dmart form Bearish RSI Divergences on Daily Chart - RSI making low high & price making higher high.. See the chart for visual details
3) RSI taken support at 50 level many times , if rsi breaches this level it will freefall as bear fully control stock.
4) More Bearish if price breaches uptrend channel & 200 sma.
Target : 1425 (200 dma)
Strict Stoploss: Above Swing high of 1510 -1530 (Resistance zone)
Happy Learning );
Disclaimer : This is post only for educational purpose . Do your analysis before taking position or trading.
DMART Sell 1552.00 Stoploss 1598/- Target 46/- & 92/- DMART Sell 1552.00 Stoploss 1598/- Target 46/- & 92/-
Fill in the ________________________ ??? Trade looks amazing
