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DMART

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
4
DMART - Momentum is building for upside move - Time to go LONG!DMart looks like it has bottomed out, presenting an opportunity for a long trade with a tight stop loss in place! Trade Idea Explanation: - Entry Point: Best around 4300+ - Stop Loss: Tight SL to 4100 on closing basis of D tf candle - **Target:** Expecting a significant upside around 5900++ Stay updated for further insights and trade safely! If you have liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recomendation. This post is meant for learning purposes only. Please, do you due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:DMARTLong
by SuperNova396
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