dmart is trading at at strog support zone which is supported by trend line and 50% retracement of fibonnaci from ATH to ATL. i.e 3242 3250 is the good zone to buy, also dmart is down by 45% from all time high
You 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 bounced
DMART is looking for great buying opportunity after having 40% correction & formed descending channel, expecting Target to reach at 6000
with reference to chart analysis posted on 7th may 2022 DMART movement is going as per levels breaking the distribution zone and then touching our marked levels exactly and then reverse. We can expect 3950 to 3967 level in comming days. I am not a SEBI registered investment advisor . Please consult your financial advisor before taking any investment decision.
I think accumulation zones will start very soon in dmart corrected 40% from 52 week highs so far
Short opprotunity in DMART. Traders can consider it as a swing trade as price break 200 ema on daily TF. I am not a SEBI registered investment advisor. Please consult your Financial advisor before making any entry or exit.
DMART Breaking down of long consolidation Keep an eye Till trading below support zone remain cautious. Next support zones mentioned.
From listing Dmart's maximum correction is 32%-35%.This is only Long Term Analysis.This not Recommendation. This is only Analysis.
Fibonacci 0.618 Retracement at this levels. Can Bounce back from these levels for Short Term. Keep on Watchlist..
BOX Breakout after long consolidation....short..........................................................................
script is about to give a trendline breakout. recent volume seems gradually increasing. keep on radar.
DMART take support from trendline and 60% retrcement. and breakout downward trendline breakout
DMART given breakout on daily time frame, as share the earlier chart
D mart has broken out of the descending triangle if it sustain outside of triangle on weekly candle it can give a bullish move stop loss is mentioned in the chart
DMART is near its weekly demand zone. Quarter results can decide which direction it will go. It is not able to sustain then, 3200-3400 level is next demand zone.
Dmart is looking strong enough after so much time, its also formed Bullish Pennant formation on daily time