DMart | Long-Term Investment Plan (Weekly Chart Analysis)
Symbol: NSE:DMART | CMP: ₹4,131.50
Chart Summary:
DMart is forming a long base and approaching a consolidation breakout on the weekly chart. CMP is approx. 30% below the 52-week high, offering a potential long-term opportunity.
Key Levels:
Entry Zone: ₹4200
Support: ₹4000
Resistance (2025 High): ₹4288.60
Breakout Zone: ₹4678.60 (52W High)
Targets: ₹4650 / ₹5450 / ₹6000 / ₹6500
Chart Highlights:
Price holding strong horizontal support zone (₹3,300–₹3,500)
Retesting breakout levels after long-term accumulation
All-time high and 52W high are 30–40% away — good long-term potential
Fundamentals:
Q3 FY25 Revenue: ₹15,972.55 Cr (+17.7% YoY)
Net Profit: ₹723.54 Cr (+4.8% YoY)
ROE: 13.56% | PE: 98.60 | Low Debt
Promoter Holding: 74.65% | FII + DII: 17.1%
Bias:
Long-term bullish bias building. Weekly close above ₹4288 may lead to breakout. Setup supported by price structure + fundamentals.
Disclaimer: Not financial advice. Do your own research.
#DMart #Breakout #Investment #NSE #TradingViewIndia #TechnicalAnalysis
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.