DMART: The trend continuesAfter a nice consolidation pattern the long continuation has started again. This stock is a trend followers delight.
DMART trade ideas
My PredictiveEngine's Intraday call(06-Apr) - DMART - LongBased on my PredictiveSystem's signals, tomorrow (06-Apr) its going to be a GREEN candle for NSE:DMART
Buy above: 1406
Target-1: 1416.1
Target-2: 1422.3
Target-3: 1429
Stop loss: 1394.1
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
DMART Lifetime Flag breakoutDMART is moving in a flag after a huge leg up.Trying to test its lifetime highs that was made recently
Breaking Out?Dmart appears to have had a high, then a pullback and now it's on the way to breakout
Watch closely, probably a good buy above 1387
Evening Star FormationSell your positions or book loss, this is evening star formation and we can expect some correction now because
27 Feb - long green candle
28 Feb - spinning top (indecision)
29 Feb - red candle and closed below half of the green candle
Stochastic K line (green) crossed below D line (red)
RSI turned direction
Short DMART around 1352 with Sl 1385 for target of 1280looks like the recent breakout above 1280 will not sustain ....or at least it will retest 1300
Learning afreshObserved the daily chart and marked support and resitance levels.
Ichimoku chart shows bearish in short term.
IT'S TIME WE GO WITH THE MARKET TREND23-01-2018 BUY DMART ABOVE 1193 TGT1=1204 TGT2=1223 TGT3=1249 closing base SL=1171
Going long on DmartNSE: Avenue Supermarkets Ltd
BSE: 540376|NSE: DMART
Previous Close as on Friday, January 19th, 2018, 3:40 PM: ₹1144.35
Buy at: ₹1135*
Stop-Loss at: ₹1100
Target Price: ₹1180
Duration: Within 1 month
*Buy if the stock has touched this price while rising. The stock may correct and then start its upwards trend.
Not guaranteed as the stock market is subjected to market risks. These calls are based on my own research and are meant for paper trading. Please do your own research if you are interested in investing or trading in the stock market.
DMART double top in making.Bearish below 1075
Might take support at 1075 so go short only after clear breakdown. .
DMART Retesting lifetime highsDMART has been trying to reach the recent lifetime highs it made in October. Making a nice roundbottom in last two month, Facing resisitace as it enter the high levels.As the cup is almost complete awaiting a breakout or a reversal handle.
The face is creepy, but looking at it, u'd find yourself smiling :D
DMart : Ascending Triangle Pattern (Daily Chart) - BuyBuy Above 1145 by keeping SL of 1095 for Target of 1230.
DMART - HNS IN MAKING DMART is showing HNS in making. will be a good buy 1130 to 1140 zone breakout of 1176 and tgt should be 1217 .....
Not a certified analyst of SEBI. please take financial advisor help for investment decisions.
DMART-1080-1070 coming ? if close below 1070 then cut of 5-10%DMART- 1080-1070 can be crucial support ,till now stock successfully closed above 50 DMA in corrective move but today closed below 50 dma
decisive move below 1070 can bring this down to 1020 -1010 or 950-960
Dmart:1091 support 1070 is crucialDmart:1091 support 1070 is crucial, if it cannot support that level, the stock can come down to 920 level.
The Goldman rating take the price to such high level that, it looks over priced since its ROAE is just 12% only
“Goldman Sachs analysts argued that while Avenue Supermarts maintains low prices ?, with thin gross margins and light working capital, its cash return on capital invested (CROCI) remains better than that of its global retail peers” seems to be a vague analysis, as if we say like, I am very rich because my wallet is thicker than others.
DMART Flag BreakoutDMART just broke out of a long tight range up channel with huge leg up.
Currently making the textbook Flag.
It touched the lifetime high a few days ago.May retest those levles again 1218, if it breaks out.
DmartMinor Correction has been see in Dmart , after it completed the ABCD Pattern( .50 - 2.00)- Refer markings
Currently is near its support, let see whether its gonna break it to correct more or make it to see new highs.
