JULY 07 -bullish crossover about to happen in MACD, RSI -gaining strength. -sustaining above 50 ema. -entered the trend channel again with increasing volumes. TARGET 1 --2480 TARGET 2 --2600 STOP LOSS -- 2270 **These are my personal observations. Please trade at your own risk.**
DMART has been testing its long time support level on the daily chart for quite some time now. A good momentum on the downside can lead to a major downfall. A strong bearish candle should be looked for in the coming days. If the price closes above 2365, this study will stand invalid.
Dmart seems in demand and price action is respecting well to SR levels seems pretty bullish