NSE:DMART Dmart (AVENUE SUPERMARTS) GIVES BRAKEOUT ON DAILY CHART i will Buy near 4800 with sl 3800 for target of 5950. risk reward ratio is 1:1 return on capital is 20%
Classical inverted H&S Pattern Structure can be seen in this script. Following points can be considered here before taking any decision: 1. over all Trend is uptrend. 2. Pattern: Bullish IH&S(After healthy Consolidation) Or Inside bar or multiple Resistance BO or Cup and Handle 3. Good Fundamentals 4. over all market structure is also bullish. DISC: For...
Head and shoulders pattern is identified in this stock. we have a chance of right shoulder formation. keep safe in this area. price is now near to Right shoulder on bottom we have a strong support lies at 3550 levels. if price breaks the neckline we have a support lies at 3550. multiple times price rejection to topside is observed from 3650 levels, but we have...
DMart at reversal zone. Pattern formation strong, minimum targets visible on charts.
According tenth Elliott Wave Theory Price forms a 5 Wave Sequence structure before the major Correction, here we see that we have Wave 1, 2, 3(strongest upmove), Wave 4(correction), are complete. Currently Price has formed a Quarterly Demand which has its LegOut closed above the EMa which indicates a Strong Buying and Price hasn't violated any Supply which...
This stock is broken the trendline, now approching the resistance. A strong demand is created while breaking the trendline... Enter long on retest of the trendline...
#DMART #Avenue Supermarket Symmetrical Triangle Pattern Closed Price Rs.4028.15/- Next Exit Rs. 4400/- Support / Risk Below Rs. 3900/-
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
BUY AT 4000 4100 Taken good support at 200 EMA In short term it can touch 4500 level
Dmart retracing from trendline Making Morning star candle stick pattern daily time frame breaking out triangle taking support RSI 40 taken daily time frame previous swing high support