AVENUE SUPERMARTS

NSE

DMART

DMART

volume drop by 55%. Price at 50ema buy 1500 sl 1452

Price contraction of 50% from the previous week. volume drop by 55%. Price at 50ema buy 1501 sl 1452

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Sell 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

Keep 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.

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 Sell 1552.00 Stoploss 1598/- Target 46/- & 92/- Fill in the ________________________ ??? Trade looks amazing

Updated 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 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)

check resistance and support levels this is only for long term look

Sell 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

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

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 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

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DMART 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...

Resistance at 1415 and 1440-1450. Once it breaks out and in case of sustained bullishness, intermediate term target can be as high as 2500