DMART trade ideas
Dmart Dmart is life near life time breakout one can buy with 1600 as strict sl target 1700 1750 1800+
DMART#DMART - CnH and Upper trendline BO. Cup depth =1465-1126=339
Target =339+1437=1776. SL-1465 and1437 .
T-1776 Resistance -1519, 1547
Dmart- Bull Flag in Play No Real Big Red Candle after a 30% upward move makes me feel like Dmart chart is printing a bull flag.
Setup Void if there is no breakout in next couple of days.
Short term Target on the chart at Resistance.
Dmart Clear buy a 1080-1060 levels for upmove of 10-15%Wait for price to come near 1080 levels for buying
Bullish in short term The chart is very bullish as the market could not subdue it below 1/1 resistance line for long and now it is in strong momentum to gain the loss of bullishness. My target in the short/ intermediate term for D Mart is 1750 and support is at 1230.
DMART Go LongCMP 1226 Buy above 1250 Target1 1350 in one month
Target2 1500 in three months with SL 1180 :)
Dmart Bullish DivergenceDmart 1D chart Shows Bullish Divergence. nice buying opportunity between 1100-1140. Bounce may yield 10% from here
Dmart looks weak at current levels!Dmart broke its crucial support level on closing basis yesterday.
T1: 1164
T2: 1100
SL: 1280
DMART day chart studyDMART day chart study.
Dmart bulls can exit their long positions completely as DMART has closed below 200 SMA after a major trendline breakdown.
Expecting it to move towards 1120-980 zone. We will take a decision to buy DMART depending on it price action in coming days.
