D-Mart Looks weak below 3836.Looks good to short below 3836. It has formed Bearish hammer on its Resistance.
DMART trade ideas
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--GL
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 pattern
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 given
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
DMARTBullish pattern ................................................................................................. ............
DMARTNSE:DMART
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Avenue Supermart Or DMart Buying zone with HammmerNSE:DMART
Avenue Supermart (D Mart) Time frame : Daily
Strong Support : 3242 - 3330-35
Support Retested at 3331
Price Action : Hammer at Support inside buying zone 3205-3357.
View : Long term BULLISH above 3407
Trade : Buy @ or above 3407 after open
Stop loss : For Long term 4% or 3270. For Swing Trade 3304. For Intraday 3363
Target: 3530 - 3650 - 3740- 3945 - 4050 - 4230 -4395 - 4500
trade setup for the stock = this stock is expected to touch the REWARD level as shown in chart - in 1 hour timeframe.
Question on DMARTBROKE THE RESISTANCE.
STAYING ABOVE 4517 MAY MOVE TOWARDS NEXT LEVELS MARKED ON CHART
FOR ST Keep SL as 4400
otherwise keep at 4100
trade setup for the stock = dmartthis stock is expected to touch the REWARD level as shown in chart - in 1 hour timeframe.
Avenue suparmarkets buy side tradeAfter the long rangebound market Avenue supermarket can break it's level of 4531 Then the bullish move can be seen
#DMART Buy on daily close above 4500 #CANDLESHUNTING upto 4787#DMART
Buy on daily close above 4500
#CANDLESHUNTING upto 4787
SL 4310 daily close
#NIMBLRTA
Dmart trying to break after consoliddationIf crossed 4080...The next target will be 4449 ...... let see
Results are also good.....
DMART fib levels for swing trade (learning purpose)
* For best results, always let the hourly candle close above the entry point.
* 2 rupees minus the 3rd target is safe to book profit as the 3rd target would always face selling pressure.
* If the price makes it to a comfortable hourly close above third target, we can aim for the 4th target as well.
* We may also trail our stoploss while the price moves forward to secure our capital and profits.
DMART Long Trade IdeaDMART is coming out of a double bottom breakout and likely to provide an excellent risk to reward opportunity for the next few weeks.
DMARTI'll buy DMART at current levels for 6000 level target.
SL will be around 3900 DCB
positional trade.
not a trading recommendation.
#dmart
Classic double bottom in DmartThis has all ingredients needed for the double bottom.
A good downtrend since oct from 5600.
Existing earlier resistance at 3200.
Double bottoms at 3200 level
Break of neckline at 4050
Target 4850
SL 3800
Buy on dips.
DMART- Bulls Counter attackDMART- Bulls Counter attack. Price trending up as long as it sustains above 3902 on closing basis. Potential target - 4360
Avenue supermarket Bull runAvenue supermarket seems cup with handle breakout in daily concentrate
if price sustain above 4243 in 4hrs
