DMART trade ideas
One of the most loved and chased stocks could end up with.. Either a huge Inverted Hammer or a Gravestone Doji for the Quarter.
Bearish Implications.
NSE: DMART Interesting possibility for 2189 DMART chart looking interesting with possibility to move higher after positive earning reports
Good to buy at current level 1880 to 1890 for a targets 1937, 2018, 2075, 2149 and 2184 in extension
Strong possibility to break out above 1937
Keep stop loss moving from 1808.
Avenue Supermart - DmartBuy at currrent levels. After an impulse move , current level finds support from a minor resistance line(in green). Also fibonacci confirms the range. In my opinion, pull back has completed and there will be another impulse move to higher levels. Also it finds support at short term exponential moving avg.
Buy at current levels . Target 1 : 2080 with moving stop loss at 1885 and then 1995
Target 2: 2184 with stop loss at 1995 and then 2080
Avenue Supermarkets - study - Buy on dips upto 1784Avenue supermarkets near resistance zone of 1915, close above 1916 will open for more upside. Targets Open.
The stock has bounced from its low of previous gap up bottom(low) of 1784 and bounced upto 1900 with good volumes on 17th Dec. The stock has turned bullish. Keep an eye on #Dmart above 1915 Targets open. Stoploss : 1700
