Recent fall in DMART prices looks like a complete turnaround in the stock's story. DMART is indeed in the business of real-estate more than modern trade. Looks like the upcoming quick commerce players and e-commerce players are eating away the top-line for the company.
On technical charts DMART had a huge selling volume and breaking of all the fib levels about to take a crucial support now. If the upcoming support is broken from 3,200 we can see 2,500 levels too...
JAN'25 results will play a crucial part. As of now this looks neutral on outlook till the upcoming result.
On technical charts DMART had a huge selling volume and breaking of all the fib levels about to take a crucial support now. If the upcoming support is broken from 3,200 we can see 2,500 levels too...
JAN'25 results will play a crucial part. As of now this looks neutral on outlook till the upcoming result.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.