DMART trade ideas
AVENUE SUPERMARTS- Two Pole and Flag Condition, First Flag breakout done but the target is not achieved still halfway to achieve the target.
- Second Pole and Flag Formation in Process, only breakout is pending, I am waiting for the breakout.
- Please be cautious before initiating a long position, do your own analysis.
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. :-)
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
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 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