TradingView
it_swing_trader
Aug 29, 2020 3:42 AM

DMART Swing Trading View -- LONG Long

AVENUE SUPERMARTSNSE

Description

Weekly Trend - UP
Daily Trend - UP
Taking support at 200 SMA & respecting trend line

View - LONG @ 2335
SL - 2299
TGT 1 - 2376
TGT 2 - 2425

Comment

Still looking bullish to me @ 2200
Reason 1 ;- Support
Reason 2 : Fibo retracement support of 50%

Order cancelled

Trade closed manually

Comments
it_swing_trader
I'm still bullish on this. If nifty gives little support and crosses 11600 in this week. we'll see 2300-2350 easily by sept 15.
my personal target is 2400+ minimum.
it_swing_trader
nifty should close above 11350 today otherwise will have to keep this position open or 15 days.
it_swing_trader
I'm averaging at 2243, made a mistake of FOMO in morning but made good average now. up by 35ots after averaging.
it_swing_trader
nifty 2% down. dmart which was trading at 2450 level around 15days back. available at 2210 levels.
some see downfall
some see opportunity
it_swing_trader
nifty has broken, so have all shares. should take support at 2200 or else we can se 1900 levels
it_swing_trader
taking good support at 2250
it_swing_trader
not active but looks still juicy to me at CMP 2270
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