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Dmarttechnicalanalysis

Is the fall over in Avenue Supermarts Ltd (DMART)?Price is moving in a broadening wedge pattern which is also known as expanding diagonal. All the sub waves are 3 wave structures which are usually found in ending diagonal in wave 5 of an impulse or wave C of a correction. Currently price is in sub wave 4 of the primary wave 5 which is going to end somewhere near 3900 level. Wave 5 should end near 7700 level which is also the technical target for the classical saucer pattern. All the illustrations are self explanatory. More than 90% gains potential from CMP in medium term. What you see here in the chart is just the tip of an iceberg, all the hard work cannot be shown. If you are getting benefitted from my hard work then showing gratitude won't cost you a dime. It can definitely motivate me to publish more charts which will benefit you further. Do your own due diligence before taking any action. Peace!!
NSE:DMARTLong
by Swastik24
1
DMart: Ready for new Highs with Bullish StructureClassical inverted H&S Pattern Structure can be seen in this script. Following points can be considered here before taking any decision: 1. over all Trend is uptrend. 2. Pattern: Bullish IH&S(After healthy Consolidation) Or Inside bar or multiple Resistance BO or Cup and Handle 3. Good Fundamentals 4. over all market structure is also bullish. DISC: For educational Purposes only. Please consult your financial advisor before taking any position.
NSE:DMARTLong
by trade_opportunities
3
DMART--Head & Shoulders??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 demand zone, it wants to test the demand zone. keep in long side from support levels, if neckline failed to push the price downside we have a continuation from this support levels, upside. If Demand zone fails large sell off is going to observe in this stock.
NSE:DMART
by IIT-Trader
2
DMART one more Upward Impulse Wave about to form. 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 signifies there was a temporary correction which is over and now Price is ready to Shoot above the end point of Wave 3, hence Target derived is Rs. 6000.00 This is a Trade where the reward is amazing against the minimum risk defined.
NSE:DMARTLong
by WavesandZones
DMART AT BUYING ZONEOn 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 hammer SL will be below inverted hammer LOW Target min 12% from here. GO & CHECK GUYS ONLY FOR EDUCATIONAL PERPUSE ONLY
NSE:DMARTLong
by Deeksha25
DMART - Waiting for its breakout🔴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 its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:DMARTLong
by PrakWorld_Traders