DMART Stock in downtrend
Indicate Bearish
Technical week structure
Wait for long position
Disclaimer
My personal view for education purpose only
No recommendation buy - sell.
DMART trade ideas
dmart cmp buy target @ 4600, 5000, 5869 ascending triangledmart cmp buy target @ 4600, 5000, 5869
ascending triangle breakout
risk reward 3.1
sl @3500
D-Mart on a big moveRecent break-out in the D-MART indicates that the new buyers are active for big move. It has broken a long time downward trendline with huge volume.
It may go for lifetime high of 5900+ in coming year.
DMART VIEWS REVISITIn my opinion, I have marked lower support in the script, after that it performed well. As disclosed freshly in the chart drawing, the script is lifting its support zone now.
Worth watching it for study purpose.
DMART BULLISH STURCTURE Dmart is forming a cup and handle pattern, keep this stock on the radar. Start accumulating for the 1st target of 3990 and second target 4335.
Falling Knife Series- Consolidation of DMARTThis stock has fallen from its high of 5900 & now trading at low 3500 which is a fall of 50+ from its peak. Consolidation has been observed for last few day on different Time Frames. Interesting to see whether it will be able to break shackles to move up or falls further to new low.
Check your own chart, this is only for educational purpose & Not a buy recommendation.
Avenue Supermarts (DMART) is at resistance levelWith reference to the attached chart, you can easily identify that DMART is at a resistance level and close below that line yesterday. Now it looks like DMART will again tank towards Rs 3300 level for Support level testing. You can also take advantage of it with the following levels:
Entry Below: Rs 3580
Target: Rs 3350
StopLoss: Rs 3670
Note: Please consult your Advisor or do your own analysis before taking any trade
Long position in DMART on 30 min DMART is looking good for intraday as well as for swing trade with a holding period of max 1 week
for intraday buy above 3445-48, SL - 3420 , TG1 - 3474, TG2 - 3507, TG3 - 3535
and for SWING trade buy above 3445 and can see levels of 3632 with sl of 3415
DMART viewsIt is appearing to be a support formation in this script with a possible long target as shown in the chart drawing.
Will be interesting to watch the script from, learning point of view.
Avenue Supermarts_15.05.2023Dmart Aka Avenue Supermart is on breakout zone. Good Results expected to give a boost. For study and technical analysis only.
Dmart Make or Break Channel Dmart now at W/M channel make or Break Zone
Till next week if dmart not able to make again upside than long times we can see lower low level.
What's your opinion?
DMART looking good for long termA breakout and retest will be good for more confirmation, in a Daily time frame wait for small corrections for good buy
DMART - Bullish Swing ReversalNSE: DMART is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
DMART 30M (24 MARCH 2023)NSE:DMART
Formation of triangle pattern in dmart
in 30 minutes timeframe.
but in longer timeframe its in downtrend .
before going into the trade wait for proper
retracement and look 2 3 confirmation.
Avenue Supermarts Ltd: (Long)Avenue Supermarts Ltd:
Watch out for a trend reversal in Dmart.
Price is reaching the support zones.
Time to go long here.
DMART AT BUYING ZONEOn the results shaver Dmart down more than 17%
CMP at 3458
PROS:-
1. Forming a hammer pattern at daily support level & trend line.
2.RSI Showing divergence & cross over.
3.MACD also showing strongly cross over.
4. before candles shows some buyers strenght.
risky traders can enter now
otherwise wait for 2 nd candle to close above higher price of inverted hammer
SL will be below inverted hammer LOW
Target min 12% from here.
GO & CHECK GUYS ONLY FOR EDUCATIONAL PERPUSE ONLY
DMART Trading Below 200 Day Moving Average#Dmart ~ 3565
Stay Cautious in #Dmart (Avenue Supermart):
The trend is Negative Now
View invalid above 4000
Dmart ( Avenue Supermart)Dmart is trading at the support level of previous resistance when it breaks down and closes below 3835 We can see a big fall again
DMART (AVENUE SUPERMARKET) On breakout.A Falling trendline breakout in DMart with good volumes, closing above 200 DMA and 61 EMA, and positive divergence in RSI, a bullish candle closing above the trendline and near the upper band of the Bollinger band, all these are seen in the daily time frame, which is indicating a bullish breakout is possible in prices. A double bottom pattern breakout is in the making. Prices can rise at least to 4250 and above that, they can rally to 4350 - 4500. Can be bought if the price sustains between 4150 - 4100 levels in small quantities. SL below 4050 on a daily close basis.
DMARTDMART - The CRAB pattern
The set up offers the best risk-reward ratio.
One can enter with SL as point B, for a target of point D.
