Trade ideas
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
Weekly Inside BarPrice contraction of 50% from the previous week. volume drop by 55%. Price at 50ema
buy 1501 sl 1452
Dmart More Downside PossibleSell at 1423 Stoploss 1477 Target 1290-1230
Reasons for trade-1.Daily Trend Down
2.Price has seen excess selling near trendline and horizontal resisiatnce
3.Risk Reward is 1:2
WALKING UP - Keep a WatchKeep it on watch list. Looking attractive above 1522. We can enter between 1523-1525 with price confirmation for the target of 558/610. It is on a strong uptrend.
D-mart- cup n handle This is what I can see in D-mart on daily chart.
1. Continuation pattern.
2. Blue line shall acts as support.
3. It has to breach red line to continue the move. Hope it can breach ds on Monday session and close above it
DMART, Bullish above 1475Dmart has shown triple top at level of 1475
Its continuous uptrend suggests a breakout above 1475
so if it trades above 1475 with volumes then
next targets will be 1500, 1530 positional (short term)
D MARTUpdated chart from old one drawn in Marc 2019--
Spotted Another wedge type formation. Also tried ABCD pattern... And added Fibo retracement extension.
D seems to be near to 61.8% ...
Lets see if retracement happens.
Dmart again at good sell levelSell Near 1455
Stoploss 1475
Target 1400-1390
Reasons for trade -1. Price has resistance at daily channel and 15 minute channel
2. Price formed bearish candlstick pattern on hourly chart
3.daily trend is down
4. Risk Reward 1:3
D-MART - AGAIN TO 1487.D MART HAD TOUCHED THE LEVEL OF 1450 AS POSTED IN MY 5TH JUNE WRITE UP.
AGAIN, IT IS PRESENTING AN OPPORTUNITY TO REACH 1487.
ALL THE BEST WITH STOP LOSS OF 1355.
Dmart Good Selling Opportunity Sell at CMP 1378 Stoploss 1420 Target 1328-1284
Resons for Trade- 1.Price is taking near to resistance as well as horizontal resistance 2.200 Days EMA resistance at CMp
3.Price is near to 61% fibbo level
4.Risk Reward is 1:1.5
Dmart Short OpportunityDmart Sell at 1450 Stoploss 1505 Target 1350-1300
Resons For Trade- 1. price is Near to daily channel resistance from where excess selling is done three times. 2.Price has formed bearish candlstick pattern near channel resistance. 3 Price is about to break 15 minute channel support. 4. on 15 minute chart price is closed below 50 days EMA. 5 Risk Reward is 1:2
DMARTOn the daily chart stock price has formed "ASCENDING TRIANGLE" pattern and has given breakout on closing basis
* This breakout is accompanied with increase in volume which supports bullish sentiments ahead
* The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue in near term.
* Stock price has given positive crossover from its 20,50 and 100 day SMA which indicates positive bias.
* The above analysis indicate an upside of 1424 - 1462.35 invalid close below 1350. #Findyourtrade
DMART | TriangleDMART looks set for a recovery. We could observe a confirmed bullish Ascending triangle pattern. Target of the pattern comes in at 1480. However, the price was rejected by the trendline resistance at around 1420. Going forward, if the trendline is breached expect the stock to raise towards the pattern target.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
Resistance aheadResistance at 1415 and 1440-1450. Once it breaks out and in case of sustained bullishness, intermediate term target can be as high as 2500
DMART - Bullish Bat & Bearish Deep Crab - 4H TFBullish Bat pattern on 4H Chart of DMART. BUY 1290-1292, SL 1283.8, Target(s) - 1299.9, 1303.
Bearish Butterfly pattern on 4H Chart of DMART. SELL 1401-1402, SL 1409.1, Target(s) - 1394, 1391.
I started learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s), SL and entry levels.
