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AVENUE SUPERMARTS LTDAVENUE SUPERMARTS LTDAVENUE SUPERMARTS LTD

AVENUE SUPERMARTS LTD

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DMART trade ideas

Strongest stock - DMART (Rejection day)Buy At 2588-2600 range for an excellent entry. SL - Exit if stock close below 2580, since it will definetely test the low's of the rejection candle. Reason for the trade: Rejection day Rejection Days have a range that is significantly larger than the 10-day average and The ideal swing entry is the Rejection Day midpoint,which can be defended for 1-4 days after the rejection. Exit when : A daily close below the Rejection Day midpoint breaks the pattern, as this would indicate a retest of the Rejection Day low Disclaimer : Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
NSE:DMARTLong
by iamPotato