AVENUE SUPERMARTS NSE:​DMART

The chart is very bullish as the market could not subdue it below 1/1 resistance line for long and now it is in strong momentum to gain the loss of bullishness. My target in the short/ intermediate term for D Mart is 1750 and support is at 1230.

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No Real Big Red Candle after a 30% upward move makes me feel like Dmart chart is printing a bull flag. Setup Void if there is no breakout in next couple of days. Short term Target on the chart at Resistance.

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On a weekly time frame, NSE:DMART is at a very critical juncture, breaking the high of the last weekly candle would boost the confidence in the long setup. Diwali Pick.

CMP 1226 Buy above 1250 Target1 1350 in one month Target2 1500 in three months with SL 1180 :)

Dmart 1D chart Shows Bullish Divergence. nice buying opportunity between 1100-1140. Bounce may yield 10% from here

Wait for price to come near 1080 levels for buying

Dmart broke its crucial support level on closing basis yesterday. T1: 1164 T2: 1100 SL: 1280

Long above 1411 with SL at 1341 for Target of 1475 / 1536

DMART Buy based on S/R

DMART testing the Neckline

DMART day chart study. Dmart bulls can exit their long positions completely as DMART has closed below 200 SMA after a major trendline breakdown. Expecting it to move towards 1120-980 zone. We will take a decision to buy DMART depending on it price action in coming days.

Long Dmart but check 1300 sustain

DMart has formed a bearish engulfing candle pattern.

DMART in buying zone. T1 : 1622 T2 : 1679 SL : 1543 (closing basis). If that is breached, 1480 levels can be seen.

-Inverted H&S breakout failed. -Stock struggling despite market recovery. -Stock broke down from a bearish rising wedge. -Stock sustaining below 50 day MA. -MACD line crossing under 0. Not an investment advice. Do your own due diligence.

Trend is your Friend :) From February 2018 this stock is respecting trend line.....