Dmart near fib support levelsDMART in buying zone.
T1 : 1622
T2 : 1679
SL : 1543 (closing basis). If that is breached, 1480 levels can be seen.
AAAVENUE SUPERMARTS LTD
3,965.00INRR
+15.10+0.38%
As of today at 04:28 GMT
INR
No trades
DMART trade ideas
DMARTDMART has been outperforming stock since its listing last year. The stock has risen more than 2.5 times in less than one & half year. Lately the stock has been consolidating in a triangular pattern for last two months. It looks to be breaking out of the triangle on the up side. Down trending resistance line looks to be passing around 1600. So the stock can be bought above 1605 for targets of 1690 & 1780 with stop below 1540.
AVENUE SUPERMARTS- Two Pole and Flag Condition, First Flag breakout done but the target is not achieved still halfway to achieve the target.
- Second Pole and Flag Formation in Process, only breakout is pending, I am waiting for the breakout.
- Please be cautious before initiating a long position, do your own analysis.
