DMART is coming out of a double bottom breakout and likely to provide an excellent risk to reward opportunity for the next few weeks.
I'll buy DMART at current levels for 6000 level target. SL will be around 3900 DCB positional trade. not a trading recommendation. #dmart
This 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 attack. Price trending up as long as it sustains above 3902 on closing basis. Potential target - 4360
Avenue supermarket seems cup with handle breakout in daily concentrate if price sustain above 4243 in 4hrs
AVENUE SUPERMARKET buys for long term target 4250 result good
NSE:DMART Let see the price action = Double top pattern breakout happen ,it also look like cup & handle pattern over all good consolidation breakout. 1 target = 4460 fix your stop loss as per your R:R let tell your opinion in comment section. like & share...
As shown in chart, DMART is trying to breaking out of Support zone as well as moving above trend-line after some consolidation.
Dmart Cmp 4035 dated 21-7-2022 1. Trendline BO @ 4055 Buy above 4055 for a tgt of 4110-4250-4390 SL 3950 It is just a view, pls trade at your own risk.
if close above 3950 it will be a good breakout Dmart Long (21 July) RSI- 64 Buy on close above- 3950 SL- 3880 Target- Open Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
NSE:DMART DMART is forming one of the common Technical patterns in its Chart on a daily time frame. The technical pattern here we are talking about is Flagpole. A Flagpole is formed by strong movement in one direction creating the pole of the flag and a pennant shape by converging trendline causing the Flagpole structure complete. This is a continuation...
NSE:DMART This is an short term trade . The stock is at major resistances zone . Onces it breaks the next target is in upside 4450 and in down side is the support zone 3700. This is for educational purpose.
NSE:DMART Hourly time frame is more accumulated nearby resistance zone. With volume visibility at any time can go for a long position. Thanks...
#doublebottom #pattern #Breakout (trend reversal) at #Dmart (Avenue Supermarts Ltd) weekly chart. Soon #Dmart Start to #Outperformed #Nifty. What Is a Double Bottom? A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a...
Target Achieved in Dmart Breakout of EMA 500 Breakout in Levels Breakout of RSI 60
Dmart :- Avenue supermart.. Broken its downward trendline Formed a double bottom disclaimer :- this is for demonstration and educational purpose only. this is not buying and selling recommendation
NSE:DMART Stock -> Dmart TimeFrame -> Weekly Hello all! Dmart has been consolidating in a flag structure since October 2021, thus forming a flag and pole pattern. It finally broke out of it with good volumes last week. This makes for a good opportunity to go long. There are multiple reasons which strengthen my conviction on going long: 1) The stock has...
Dmart at support, SL mentioned in the chart, aiming for 3900-4000 range in short term.