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
Stock in a long term bull trend. Avwap squeeze breakout confirms consolidation phase over.
best time to invest in Dmart ,it is at good level , buyers are more aggressive than seller
Hi there, DMART, gave an strong weekly trendline breakout. Looks good for long term investment with a small stoploss. POV : This is just for an education purpose. (Not suggested for investing) Please consult your financial advisor before investing. Have a good day😉
Good stock breakout of very long range might give good returns
stock name - dmart / supermarts pattern - symmetrical triangle breakout status - yes last trading price - 3988
NSE:DMART cmp is 3960 grab the opportunity in this stock heading towards all time high & beyond This analysis is being done for educational and knowledge-sharing purposes. This article does not offer any kind of buy or sell advice. All stocks are positional and are held for a short to medium period of time. Everyone is expected to conduct their own research...
Trend change + huge volumes coming in. Look to add above current level
#DMART Cash -Positional for 6 months 29 NOV 2023 Looks good once above 3950.10 and 4150.10 Stoploss 3500 Target 4850-4900/5800-6000 Cmp 3862
It's weekly chart triangle formation currently breaking out . Check it out
Great setup for a great company traingle breakout with good risk and reward mentioned in chart #DMART #Triangle
volutility contraction pattern and symmetrical triangle