DMARTAll the key levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
DMART
DMART BUY IN DAILY www.tradingview.com
CMP : 3045 TO 3065
SL ON CB : 2900
TARGET : 3098, 3145, 3212, 3297
STRICTLY FOLLOW SL ON COLSING BASES.
LONGBROKE TRENDLINE BUT COULD NOT SUSTAIN
FRESH BUY ONLY 2940 ...T1 3009 ,T2 3128 RISKY TRADER MAY ENTER AT 2895 FOR 2924
EURCAD shortEURCAD rejected his daily resistance, however, due to the volatility in the overall market, I was not tempted to trade where I would reject it. There was a retest and very clearly confirmed by the rejection of the dma 50 line, eurcad is creating a new HL location and I expect it to drop to 0.68 fib
DMart triangle pattern breakout and retestDMart 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
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DMART bulish swing setupDMART is looking bullish for a positonal trade. Giving a breakout with high volume then retesting the same levels and 20 EMA.
Dmart :) Ready For Blast Dmart :) Ready For Blast
Trading above 200sma
Company is almost debt free.
Company has delivered good profit growth of 43.76% CAGR over last 5 years
Profit Var 3Yrs: 39.6 %
Sales growth 5Years: 31.0 %
DMART Breakoutclosed strongly on 1hr candle todays high is a good entry... if its false breakout then todays low is a SL
DMART calling for SHORTLEASE SEE CHART FOR DETAILS
TARGET 1 : 2100
TARGET 1 : 2050
STOP LOSS : 2230
**These are my personal observations. Please trade at your own risk.**
DMART Long Term stockDMART can be hold for long term as it has formed lower highs. 2000 would have been better but late than never.
Donot buy all at once... buy on every dip... simple terms buy at MACD levels below 30 and at support levels as shown in chart
DMART is open for shopping-BUYJULY 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.**
Shorting opportunity - DMART testing its major support levelDMART 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 Long , looks beautiful and bullish and strong uptrend Dmart seems in demand and price action is respecting well to SR levels
seems pretty bullish
