Bullish view on DMART Buy above 4200 (when retest complete) SL 4080 Target 4800+ Disclaimer -We are not responsible for your profit and loss it's only for education purpose analysis
Dmart possibilities of EW analysis is shown on the chart which had a breakout this week from the trend line and can now for go for completing wave 5 of the smaller degree.
D MART breakout triangle pattern and create good opportunity for swing trade up to 1:3 + risk reward and this is only for educational purpose
The counter is on its way to complete the VCP, once completed and closed above 4210, you may see a new life in this stock.
You can see a clear VCP forming in DMART. I expect a strong breakout above 4180 Target as per your convenience - i use FIBO for my targets Possible levels up to 5900 which was ATH.
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...
no brainer buy as and forget will outpeform your index for sure close to 200 ema reclaim 21 ema and we keep going think India overtook china in april in terms of population growth so people gotta eat shit pray.. hence this is a safe bet after the hammering its got apologies for the burst of idea's only way to find gems as for targets look for ath plus 30%...
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 Q3 Result View DMART taken strong support on weekly chart and yet to bounce from the support. We can keep target as 3928,3995
good cash buy stock good risk reward available trend is sw to up target 4988
Long term 8000 possible. Ascending flag pattern. Near term breakout to 5000 DRS
NSE:DMART about to breakout 4057 level. We can see long term move above 4075 with SL of 3850 and can average till 3889. Major targets levels are highlighted in blue lines.
Stock has been on the contracting cycle for the whole year of 2023, possible breakout in the next 2 months. Possible breakout to 52 week high over the span of the next year 2024 Build positions for the next 3 months which is more than enough time to build a considerable position stop loss - needed if u r a swing trader, but this stock is a long term game ...
Fundamentally very strong stock break out with gud volume above its congestion zone. Today volume is very big. if it crosses today high. then it will be gud buy. sl will green candle low. it has gud potential upside target. follow strict sl & proper risk reward ratio. this is the only holy grail in the market.
showing tringular break out need to sustain above 3950 -4000 level upside level as per risk and reward
Price created a triangle pattern on weekly TF and currently trying to break it, if buyers stays strong we can see a good move in DMART/Avenue Supermarts. All the details are given on chart. Take action on your own Risk!