DMART - You still think Technical Dont workYou still think Technical Dont work, I posted weekly chart earlier for DMART and later it was slightly adjusted. now we have touched bottom edge and bouncedby SunilDhawanUpdated 4
DMARTDmart Showing Sideways Movement Till It Breaks 3720 Mark Once It Closes Above Tht It May Run Near To 4200 For My 1st Target And 4650 For My 2nd Target, Sl Will Be 3190 Do Your Analysis Before Taking Any Trade. Happy Tradingby yogesh_b9
Opportunity to buy DMART at good levelsDMART is trading in a previous accumulation zone, a breakout on top side may start a rally towards 3580 levels. It is trading close to its 52week low levels. Stop loss can be considered as 3270 level on daily closing basis. Please do your own study before entering any position.Longby Dheeraj_Gupta14Updated 0
dmart share analysis dmart share elliot wave analysis this stock wave a,b,c in downtrend and start a new trend upside Longby HARISHRAO995
Long-Term Investing in Supermarket GiantNSE:DMART Avenue Supermarket, better known as Dmart, is a household name in India and one of the largest retail store chains in the country. With the biggest land area in terms of retail store chains, Dmart has become a go-to destination for consumers across India. In this blog, we will analyse Dmart's stock and make a case for going long in the company. Strong Fundamentals Dmart's financials have been strong over the years, with the company's revenue line increasing year on year. The company has consistently generated healthy profits, thanks to its efficient supply chain management and a strong focus on cost control. This has resulted in a healthy return on equity (ROE) and return on assets (ROA) for the company. Moreover, Dmart's debt-to-equity ratio is low, indicating a conservative approach to borrowing. Crucial Support Levels From a technical analysis perspective, Dmart's stock is currently trading at a crucial support level on a daily as well as weekly time frame. The stock has been in an uptrend since 2018, with intermittent corrections along the way. The current support level is significant as it has not been tested in a long time. This suggests that there is a strong possibility of the stock bouncing back from this level. Moreover, Dmart's stock has been showing bullish signs on multiple technical indicators. The stock's Relative Strength Index (RSI) is currently oversold, indicating that the stock is due for a reversal. The Moving Average Convergence Divergence (MACD) indicator is also showing bullish momentum, with the MACD line crossing above the signal line. Favourite Household Name Dmart's strong brand recognition and market position make it a favourite household name in India. With a reputation for quality, low prices, and a wide range of products, Dmart has created a loyal customer base. The company has also been expanding its product offerings, with a focus on private label brands. This has helped Dmart differentiate itself from its competitors and has contributed to its strong financials. Overall, Dmart is a strong buy for long-term investors looking for exposure to India's growing retail market. Its strong fundamentals and technical outlook make it an attractive investment opportunity. With the stock currently at a crucial support level and showing bullish signals on multiple indicators, now could be an ideal time to go long on Dmart's stock. Longby ujjwal_18220
DMART AT GOOD SUPPORTDMART trading at good support 3300 to 3400 is good buying level for long term fundamentally strong stok educational purpose onlyLongby NeetikaSri2
AVENUE SUPERMARTSNSE:DMART is a very good fundamental company with strong management. on daily time frame after a sharp fall, Smart has made 2 reversal patterns one is bull slush and second is morning star respectively. one can bought this stock for short term target of 4218 and mid term target of 4602 DISCLOSURE : I have this company in my portfolioLongby chandresh2k2Updated 111
DMARTIn the Weekly chart of DMART , We can see that, either it will shown and upward momentum by breaking 3600 in W Pattern or Trend can change from 3200-3250 levels. Lets see at what levels it forming a price action for upward trend. If you enter in DMART, hold and go long for 4500-4600 levels.Longby JatinManani0
Dmart - High PEHad recently shared a short on this stock...but with the Adani crisis where a high PE stock has collapsed this one could go along with it too.. The freefloat here too wasn't the highest and post a correction of close to 30% the stock is in peak downward momentum yet still trades at a 96PE. With a negative result which gave a gapdown expect a further fall here too. The stock makes for an interesting short below 3475 (but there is no instrument to short it except intraday). But for those that hold the stock..pls be cautious.. The only flipside reasoning for it to do well is its a darling of many domestic mutual funds so maybe a couple fund managers choose to absorb the downside pressure but otherwise the stock doesn't warrant a 100 PE multiple for sure. by rdkriplani334
Pilot Position for DMARTNSE:DMART Dmart at support can be added with a tight SL for short-term gains. Longby intercepting_footss2
intradayconsolidation which is good. have both side potential . you can enter in box breakout 200ema target for upside and downside target also markedby hunterhunt7770
Breakdown in Avenue Supermarts Ltd...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Shortby MandeepSinghKohli338
Dmart - Gapdown Its a stock not available to easily short but if you can intraday short tomm it could make for an interesting short. Short below 3645 with SL above 3665. There is a gapdown on result and breakdown which leads to interesting intraday opportunities in a weak market. ps: Such trades have to be closed intraday..Shortby rdkriplani3
DMART broke a 6 year trend line.Price broke the trendline in June 2022 but next month closed above it. Thus the power of the trend line got weak. Hence in Nov 2022 it broke down again and since then it is trading below it. In summary it is important for all the investors of DMART to analyse your positions. by Sumanyu_Aggarwal1
D-Mart Looks weak below 3836.Looks good to short below 3836. It has formed Bearish hammer on its Resistance.Shortby pushpan1988k0
Long term vision for D-MartAvenue supermarkets Ltd. has been proven to be a vital business for country's consumer and it will continue to be. Coming under 'necessary retail' I expect it to get hit lesser in any black swans from here-on. Fundamentals are healthy and the chart is in the process of looking better, good amount of correction is over. Expecting a fall from here of ~10% in the weekly block. Expecting it to run to new highs in the coming year. A gain of over 90% is what I aim for if we get to buy in low 3400s NFA--DYOR--GLLongby Degengambleh0
BREAKOUT ZONEDmart is in a range bound from 2/3 months and it has come to resistance if it will break it will boom .and it is forming triangle patternby prharsh931
DMART - Long Stock looks bullish if weekly candle close above orange trend line this Longby SaptagirinivasaUpdated 4
DMARTDMART Good Double Bottom Breakout CMP 4029 SMALL Dips can be bought Aggressive SL below 3950 Otherwise keep below recent lows around 3850 May move towards next resistance givenLongby Singh_SiddzUpdated 10
#DMARTBottom Confirmed ICMC Breakout Entry on Pullbacks during Intraday Session to be looked forby krishnakhanna2
Expecting an upmove in DMARTT NSE:DMART The stock shown a slight bounce back from support at 4100 level. The 3900 - 4100 level (as indicated by two green lines in graph) looks like a great support region and even the stock consolidated at these range in earlier. Also there is a 200DMA at 4100 level along with support. But the RSI not showing much positive indication Expecting an upmove till 4600 level( orange dotted line)for short term if the whole market sentiments improves. Looking for a break above friday's high price. Disclaimer: The analysis shared is a part of learning and knowledge sharing process and not any form of stock recommendation Longby RamRaju619684