Short term Analysis of AVENUE SUPERMART(D-MART)I am not a SEBI Registered analyst whatever I am sharing it's my my personal view before doing any action discuss with financial analyst.
respect your SL if you want save your money for next trade.
DMART trade ideas
Symmetrical triangle breakoutVolume build up on daily and weekly timeframe is considerably good.
Symmetrical triangle pattern breakout, wait for retest for conformation.
Note: I do my analysis, do yours before trade.
DMART Near BO [DAILY]DMART also in the pack with an increased RS score, in past 4 weeks score has increased from 17 to 25, not much of an increased to say its in momentum (750 stock universe).
But since its near BO, it might take support on 21 EMA and eventually break out of this small base BO and gain momentum.
Low RS score is a caution that I can highlight, not very comfortable taking a position in RS score of 25 right now especially in choppy market conditions.
Breakout- DMART may poised for more gains Pennant Breakout Setup
RSI above 65 and rising
Trading above EMA50
Volume accumulation
Disc: for study, not a recommendation
DMARTDMART has formed triangle formation and it is ready to give BO now
consider the bottom two line as support
DMART DAILYDmart price action shows a trend reversal and possible upmove from current levels everything marked on the chart - fundamentally company is growing at a good pace
2 Swing trading ideas for 19 March Markets I daily make educational content videos for swing / positional trading
DMART and CRISIL ..Analysis for upcoming daysDMART: The stock showing bullishness in weekly and monthly time frame...Once it cross the resistancne area it is having high chance to go up
CRISIL: In daily time frame stock gave good candle today.It is trading at ATH also coming out of flag pattern
No cal, No tips. Only chart analysis
AVENUE SUPER MARKET Avenue super market is showing signs of breakout with a immediate target of 4250 and 4600
1. Volumes have increased over the last 2 sessions
2. RSI well in range
3. MACD is positive
4. Positive news of 2 new stores opening in Andhra and shirdi
DMART: Make or BreakHave observed triangle pattern in DMART in weekly timeframe. Will only plan to enter if breaks above 4200 with good candle closing and volume. Stock with good fundamentals consolidating for a while. Will observe how it goes.
Disclaimer: Not an investment advice, just my personal trade diary. Ideas and Views are always welcome as it helps us grow.
#DMART breakout soon 🚀 🔥 #DMART breakout soon 🚀 🔥
-CMP 3925
-volume buildup
-verge of symmetrical triangle breakout
Long DmartVCP
very good base formation
trying to breakout
low risk high reward
cmp 3925
sl 3670
target 6000
DMART - Weekly AnalysisIn the Weekly Chart of DMART ,
we can see that, it is at decision making point.
Possible momentums is shown in chart.
dmart can be the walmart of india ?already break the trend line , now retesting it. dmart needs bull support
DMART Trade opputunityconsolidation almost done . Look for break out ... Buy above 3800..
Targets in charts..
Trading is subject to risk!
DMARt- 8 ka funda 100>200 fOR bIG tARGETS 90 daysDMARt- 8 ka funda 100>200 fOR bIG tARGETS 90 days
1) Straight Line Pattern
2) Consolidation at low levels
3) Breakout possible,
Very good entry in DMART.Dmart is looking good going to take an entry soon when it will hit the required price. Very good and beautiful structre is their it's a high probability trade.
PRISE ACTION SIMPLIFIEDPRISE ACTION SIMPLIFIED
DMART Touched the lower trendline lebels means it will goes for few weaks towards upside
Also it has to be breakout to ane one of side
It has a good chance to break the upside
Due to following down resistance
After the breakout it will show a perfect speed movement for a lots of miles😀
Follows for more
for education purpose onlyy
Avenue Supermart- Dmart Date 28th January
Strong fundamentals with growth in sales, Netprofit, Operating profits
Current CMP is 3734
Potential 1st Target is 4162
Potential 2nd Target is 5000
DMart is in a great buying zone.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
