Reason: 1. Morning star candle forming at the base of the downtrend near support area. 2. Positive divergence.
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Dmart - Made high of 2953 and closed at 2936. Can expect some resistance at 2948. Once closed above 2948, following targets will be 3000/3130/3220/3300.
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Dmart - Moving again after some consolidation. Made high of 3080 today. Continue holding for other targets.
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2nd target achieved as well. Can hold with trailing stop loss.
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So Dmart has made a high of 3200, very close to our 3rd target. Can continue holding with trailing sl around 3130.
Trade closed: target reached
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Dmart made a high of 3394 today and also a new all time high. All targets done here. Can continue holding with 3200 as trailing stop loss or book as per your capacity.