DMart is in a great buying zone. The stock has been consolidating for a while. A good time to buy as it closes above the SMA and in a support zone today. My target is 20-25% from the current price. 🚨DYOR 🚨SL must, it depend's on your risk appetite
A verry long term triangular consolidation has ended in Dmart. Triangle breakout target 5100 SL 3600
can go with long position of 10% with a stop loss of 4%
an huge upside can be seen here on upside with an awesome risk reward setup please do your own analysis.time period 6-12 months. not an buy/sell recommendation
-ready to break triangle -keep eyes on volume at the time of breakout -big players are building position slowly slowly -below there is a very strong support zone which it cannot break easily -current closing is also very strong above 4000 level a psychology resistance zone
DMART has consistently been posting record net profits in last 3 years, but the stock price has been down 33% from all time high, there's a potential gap to capture. Minimum Target is all time high, holding period around 1-1.5 years.
it is taking support in previous support and expecting this will touch the recent high again
DMART is looking for long opportunity after forming descending channel on weekly timeframe & has formed reversal fill on daily timeframe. Expecting target to reach at 6000 for longterm.
DMART is about to give a good impulse on the upside if breaks above 4120 . Lets observe how it moves.
Stock is braking out of triangle pattern which was formed since Nov, 21. Stock trading above 20-50-100-200 DMA. A major resistance @ 4200. If stock sustains above 4200. We could see higher levels of 4625 and 5150. Please note this post is for educational purpose only.
Swing trading opportunity in DMART in upcoming 5 to 6 month with good return and you will get minimum 50% return aspect from this stock.
Trend change + huge volume coming in. Look to add above current levels
DMART has formed a triangle pattern and has been in broad range consolidation for few months now. It has given good closing today around 3912. This closing looks very good for upside, further daily candle close above 3950 level will confirm the upside momentum and breakout of triangle pattern and the trendline resistance. Targets:4100+, 4600+, 5600+ and 6200+ SL:...
1>Good support from 200 & 50 MA 2>Forming triangle pattern BO
After a short term downtrend which was on back of little to no volume, DMART has shown some strength from lower levels and is ready for a bounce till previous swing. The overall market is also oversold and needs to stabilize a bit before moving again. DMART has formed a good candle with long tail and strong volume to back it up. The same thing happend after 3rd...
Hi all - Swing trade opportunity in DMART on range breakout. Key Highlights: 1. Entry long on range breakout 2. Consolidating in range 3. Bouncing off on good volume
Swing Idea: Potential swing trade for 500 point Attempting breakout of two levels after downtrend: Trendline breakout. double bottom with ascending triangle breakout. Taking support on moving average. Daily and weekly RSI >= 60. Note: This is just for analysis purpose, please do your own research before punching any orders.