DMART Go LongCMP 1226 Buy above 1250 Target1 1350 in one month
Target2 1500 in three months with SL 1180 :)
Trade ideas
Dmart Bullish DivergenceDmart 1D chart Shows Bullish Divergence. nice buying opportunity between 1100-1140. Bounce may yield 10% from here
Dmart looks weak at current levels!Dmart broke its crucial support level on closing basis yesterday.
T1: 1164
T2: 1100
SL: 1280
DMART day chart studyDMART day chart study.
Dmart bulls can exit their long positions completely as DMART has closed below 200 SMA after a major trendline breakdown.
Expecting it to move towards 1120-980 zone. We will take a decision to buy DMART depending on it price action in coming days.
Bearish on Avenue Supermarts-Inverted H&S breakout failed.
-Stock struggling despite market recovery.
-Stock broke down from a bearish rising wedge.
-Stock sustaining below 50 day MA.
-MACD line crossing under 0.
Not an investment advice. Do your own due diligence.
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.
Breakout in Avenue Supermarts-Stock breaking out of an ascending triangle pattern.
-Formed an inverted H&S as well.
-Breakout on strong volume.
-Bullish cross on MACD.
Not an investment advice. Do your own due diligence.
Disclosure: Invested.
