Dmart is at support level good for short term buy with strict SLDmart is at support level with strict stoploss good for for buy
Given bullish candle at crucial support level.
DMART trade ideas
Dmart - Avenue Supermarkets cmp 4020.00 by Weekly Chart viewDmart - Avenue Supermarkets cmp 4020.00 by Weekly Chart view
- Resistance Zone at 4200 to 4300 Price Band
- Back to Back repeated Bullish Rounding Bottoms but is facing good strong hurdle at Resistance Zone neckline
- Falling Resistance Trendline breakout seems to be sustained but the Resistance Zone breakout remains and needs to be breached thru
Trading Idea for Dmart (Avenues Supermart)Dmart current price: 3984 on 1/02/2025
Currently the stock has taken support at 3657 but unable to cross 4054 level after testing it twice which now acting as its Resistance, if fails to trade above this level we can see it trading in a wide range of 4054-3657 but if it breaks above 4054, it can do 4300.
DmartWe are going to discuss on Concept of Max pain for options and Gap theory of big player position, also can be known as market positioning.
first let discuss on What is Max pain and how to interpreter this concept of Max pain
Max pain level for Option buyer vs Option seller :
Max pain is a level where a Short seller is present and will try to defend his position not to enter into loss, as we should be aware that a Short seller is strong than a buyer with respective on capital deployed and when a short seller position is compromised he has to run for a covering his position where we see a movement based move but this should be monitored. this may give better returns mostly on expiry days.
Gap theory Big player vs uninformed trader :
Many of us think if a gap is filled we feel as its now becomes support as we study gaps act as support and resistance, we have a different approach for gaps and it's types. Particularly for this session i would like to tell when a gap is formed with a gap down and no immediate filled scenario happens indicates a foot print of an institution/Big player positions which act as resistance.
My observations in this stock is that untill there is a shift in max pain level and a cross over one should remain cautious with respective of Max pain and stock price with consideration of other parameters, because nothing is holy grail in market. Expect the unexpected is majority times proven, but these are one of the tools which gives some direction for time being.
This is just few insights even i may be not sure. Just View not a Reco...
Budget 2025# Investment Opportunity # DMART+ Fundamentally DMART has a stellar performance
+ Budget 2025 provides tail winds to FMCG and Consumption sector
+ While Nifty has fallen 11-12%; DMART took a knock of about 40% (oversold)
+ Price bounced from multi week support of about 3400
+ On Weekly chart - RSI at 30 lvl and rising
+ On Weekly chart - MACD Histogram turning +ve
+ Volumes picking up
Buying levels on Chart
DMART Oversold with Potential for ReboundTopic Statement: Avenue Supermarts (DMART) has corrected severely and is oversold, trading under the 180-day moving average near the accumulation zone, with gaps from the correction likely to be filled.
Key Points:
1. Company posted an acceptable profit growth of about 5% QoQ for the 3rd quarter.
2. Price is under the 180-day moving average, indicating oversold conditions.
3. Trading near the accumulation zone.
4. Gaps created during the correction are expected to be filled.
Education purpose only - DMARTStock closed above 10WEMA and very near to 20WEMA
if it closes above 20WEMA and also next resistance of 4224 than 4555 seems to be next resistance and should be target..
SL should be 10WEMA i.e. 3850
lets see how hypothesis will play..
DMART BAT VIEW-This stock must take support in demand zone 1 because it has multiple time touch point.
- incase it doesn't support then this stock might fall continuously.
- may consider at demand zone
- At present this stock is trading 40% discount price from its all-time high.
- narrow range stock trading near monthly pivot S1
I don't recommend & taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.
in.tradingview.com/pricing/?share_your_love=johnbritto2088
DMart: Oversold and in Accumulation Zone Topic Statement: DMart stock has been beaten down, becoming very oversold, with heavy support at 3500 offering a prime accumulation opportunity.
Key Points:
1. The stock price is trading below the 180-day moving average, making it extremely oversold.
2. The 3500 level acts as a strong support within the accumulation zone.
3. The stock can be accumulated now and sold near 4800, which is the distribution zone and a key resistance around 5000.
It's on Level; Let it Raise.DMART, has just created its Terminal Bar by touch all its PRZ Levels forming Bullish Alt Shark.
Terminal Bar + 1 Candle is also indicatively reversed by by showing a a Bullish Harami Pattern.
Take Secondary Methods into consideration before entering into Trade.
Type 1 Reversal journey will start now.
4221 will be Type 1 initial Reversal Target.
DMART at a support level and at a discount.
✅It is at a support level and available at a discount.
✅For long-term investors, Dmart is at a decent
value.
✅Decent Fundamentals/Good Management
✅Positional or Swing traders can look for long entry
above 3985, provided it gives a good candle with
good volume.
Remember:
❌Stock is beaten down with the advent of digital shopping platforms.
❌Stock is Trading way below 200 DMA and 50 DMA
❌As of now it lacks momentum.
❌A breakdown of 3180 can bring in more weakness
and stock may test 2683.
Entry(Positional/Swing)- 3984
SL-3189- Closing Basis
Risk: 20%
Reward: 38%-50%
This is more apt for the long term. Buy this dip only if you understand the company and believe in its fundamentals and management.
This is just my view and please do not treat this as a Buy/Sell recommendation. Please do your due diligence.
UPCOMING SERIES SETUP SCRIPT - 14SHARED ANALYSIS based on purely price action only for a technical aspect. Described level does not need to necessarily be observed….
KEEP ADDING to your watchlist and wait patiently.
LONG TERM INVESTORS can use described levels to accumulate OR hold….
Dmart Avennue Supermarkets Breakout of TrendlinesDmart breakout of couple of trendlines which changed the bearish structure to bullish, now at support level testing the breakout area if held can long till 3960 to 4000 area ,watch for any positive candle stick pattern here to long. If support breaks Long invalid.
Educational purpose only do your own research before taking entries.
DMART STOCK IS TAKING REVERSAL FROM SUPPORTThe stock is now taking a bullish reversal, daily time frame stock price is taking a reverse swing.
RSI has given signals of bullish swing, Here the risk is high and the reward is high.
If we take entry here then our entry level will be 43, stop loss will be 35 and target will be 48.If We take entry here then our entry level will be 3829, stop loss will be 3550 and target will be 4280.
This is my view only for educational purpose. If you take entry in this then according to your risk reward.
avenue supermarts DmartDmart is showing downfall and as per my study it shows it will consolidate around 2800 to 2900 level for next upmove, so wait watch and observe, hope u will get ur result.
DMART Trading Above Fresh Weekly Demand ZoneDMART is currently trading at ₹3661.25, above its demand zone between ₹3582.95 and ₹3530.05, identified on 1st September 2023. This fresh zone has not yet been tested, suggesting potential buying interest if the stock revisits this range. Investors may consider watching for a pullback to this zone for a potential buying opportunity near this support level.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
Avenue SupermarketAvenue Supermarket which is know by Dmart.
Technically this stock was in downfall and now seems to be forming bullish pattern known as Morning star which is 3 candle stick pattern. This indicates trend reversal so bullish movement can be expected.
Kindly do your own analysis.
what you think where can be go d mart ?Where Go D Mart – Stock Analysis
In this analysis, we'll take a deep dive into the stock of D Mart (Avenue Supermarts), a prominent retail chain in India known for its strong business model and consistent growth. I'll be looking at its recent price action, key technical indicators, and future potential based on both short-term and long-term trends.
Key points to discuss:
Recent Price Action: Analyzing D Mart's performance over the past few weeks/months, identifying key support and resistance levels.
Technical Indicators: Using moving averages, RSI, and other indicators to gauge market momentum and potential breakout or breakdown points.
Fundamental Factors: Highlighting any important news, earnings, or macroeconomic factors impacting the stock.
Future Predictions: Where could D Mart stock be headed next? We'll explore possible scenarios based on both technical and fundamental analysis.
DMART for 35% (approx..) Potential GainAvenue Supermart is showing a potential breakout on symmetrical triangle pattern. its sales also increasing QOQ and PBT as well.
( www.screener.in )
All data is available in public domain..
CMP : 4300
TG : 5600
SL : Below 21 day EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
DMart - Channel BreakdownDMart :
Channel breakdown done
4600 remains a strong support, breaking it might leave doors open for 4400
Breakdown in DMARTDMART has broken down from the support zone.
We might witness it to fall around 4300 level.
AVENUE SUPERMARTS LTDAfter Giving Breakout In weekly Time frame again retesting its level and companies fundamental is also good
DMART - VCP Pattern Breakout On Weekly ChartDMART - VCP Pattern Breakout On Weekly Chart
The stock has formed a Volatility Contraction Pattern (VCP), indicating a potential bullish move.
A breakout above the resistance level has occurred, signaling further upside potential.
Volume - A noticeable increase in volume supports the breakout, which is a positive sign for continuation of the upward trend.
Entry, Targets, and Stop-Loss:
Entry:
Ideal entry point is above ₹5,350, to confirm the breakout.
Targets:
First Target (T1): ₹5,900
Second Target (T2): ₹6,400
Third Target (T3): ₹8,500 (longer-term target based on the measured move from the breakout).
Stop-Loss:
Set stop-loss at ₹4,650, just below the breakout level to manage risk.
Summary:
Entry: Above ₹5,350.
Targets: ₹5,900, ₹6,400, ₹8,500.
Stop-Loss: ₹4,650.
Disclaimer: The stock information shared here is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
