DMART trade ideas
Looking for long!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 - Setup aligned for a good impulse DMART is about to give a good impulse on the upside if breaks above 4120 . Lets observe how it moves.
Avenue supermarkets possible breakoutStock 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 DMARTSwing trading opportunity in DMART in upcoming 5 to 6 month with good return and you will get minimum 50% return aspect from this stock.
DMART - Triangle pattern- 60% upside potentialDMART 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: Daily candle close below 3800.
DMart- Weekly TF - Gettrng ready for BO1>Good support from 200 & 50 MA
2>Forming triangle pattern BO
DMART Expected to Bounce from 50 DMAAfter 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 Oct candle too.
Stop Loss: SL should be below 3,600
Entry: Entries can be made at the open right away
Target: 3,900+
Swing Idea for DMARTHi 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
Dmart Avwap squeeze Stock in a long term bull trend. Avwap squeeze breakout confirms consolidation phase over.
DMART at good levelbest time to invest in Dmart ,it is at good level , buyers are more aggressive than seller
Weekly Breakout DMARTHi 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😉
DMART- SUPERMARTS... LONG CONSOLIDATION TRIANGLE BREAKOUT...
stock name - dmart / supermarts
pattern - symmetrical triangle
breakout status - yes
last trading price - 3988
DMART - Grab this opportunity to invest for long termNSE: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 and analysis to determine whether my point of view aligns with yours.
#Dmart cash : Looks good above 3950.10 and 4150.10#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
Dmart Avenue Supermart: Traingle patternGreat setup for a great company
traingle breakout with good risk and reward mentioned in chart
#DMART #Triangle
volutility contraction pattern and symmetrical trianglevolutility contraction pattern and symmetrical triangle
Would you add DMART to your CART? After a long base, I feel a turnaround move is just around the corner. Also if FMCG index starts moving this could be a front runner.
