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...
Dmart has given breakdown on daily chart. Stock has closed below 50 EMA on daily chart pattern. Expecting a further breakdown in Stock.
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...
With 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...
Avenue Supermarts Ltd: Watch out for a trend reversal in Dmart. Price is reaching the support zones. Time to go long here.
On 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...
#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 will move much faster now as it has also done retest on triangle pattern and after high breakout this will be leading the FMCG sector Follow me on twitter for more charts which is on my profile page
DMART is looking bullish for a positonal trade. Giving a breakout with high volume then retesting the same levels and 20 EMA.
DMART - 4H PROJECTION SIGNAL
DMART Technical Analysis Avenue Supermarts