Possibilities of DMART NSE:DMART Finally stock break resistance of trendline and goes to bullish territory, now stock ready to upmove. If stock give closing on daily timeframe basis below trendline, take stoplossl and exit.
Where is DMart based?
The company was founded by Radhakishan S. Damani on May 12, 2000 and is headquartered in Thane, India. DMART : Booked a profit of 16.79% on the invested capital Nifty is approaching the psychological level of 21,000, which could serve as a crucial inflection point.
Why is the share price of Avenue Supermarts Ltd important?
The share price of Avenue Supermarts Ltd. is a crucial indicator of investor sentiment towards the company. The share price is influenced by various factors such as the company's financial performance, global economic conditions, and market sentiment.
Does DMart look bullish?
DMART looks bullish DMART looks bullish on the weekly time frame. It has been consolidating for a few weeks and recently broke the triangle pattern on the upside. We can measure the mouth of the triangle and measure it from the break line for the target. We can also consider an all-time high as a short-term target.
