DMART trade ideas
Neutral- NR7 StockNR7 means that the stock is trading in a narrow range from 7 days. If the stock breaks the narrow range moves out of narrow range then it is called ORB or Opening Range Breakout.
D-martit's going to touch 1135 or so....better buy it above 1160 after the dip at 1135. Keep watching. Tgt is 1165 in 2-3 months
Avenue Supermart Weekly DojiA weekly doji is formed on the Dmart chart, stock has found support around 1220 previously, lets see if this pattern turns out to be morning doji start or not.
Bullish DmartDMART has a good support at existing levels. Currently also in oversold region as indicated by RSI. The volumes for downtrend is also not so high.
If it breaks then it could go down to the lowest band of fibonacci.
DMART - Bullish Gartley - PositionalDMART (Weekly) | Bullish Gartley (in the making)
CMP: 1358.5 (Red dotted line)
PRZ: 1240 - 1260 (Black lines)
SL: 1225 (Red line)
T1: 1350 | T2: 1420 | T3: 1500
This is purely a positional view as it is in Weekly time frame!
Presently consolidating in short termSupport at 1340, resistance at 1588, intermediate term target will be 1750
DMART : SQUARE OFF POSITIONS FOR SHORT TERM STOCK WAS CONSOLIDATING AND HAS GIVEN CLOSE BELOW LAST WEEKS CLOSE. TARGET FOR THE STOCK IS 1343 IN 10 TO 12 TRADING SESSIONS.
It crosses this chart higher level then it LONGI am feeling that this has been trading within a line for some time if it crosses this higher level then it will be a great opportunity to make money for us.
Stop Loss
1- 5 Days EMA 1490
2- 9 Days EMA 1484
