I see a very powerful Price Action Quashimodo pattern in DMART Daily chat. I think, it may retrace to targets T1, T2 & T3 in near future. Let me know your thoughts....
Fundamentally super strong. Accumulated for the long term.
Dmart Will it respect the Trendline and go up or will go on to make a head and shoulder and go down ... awaiting direction signal ...
I am finding lot of gaps in various counters and they have been honored. I expect this gap also to be filled sometime in near future
Divergance 1. As can see market has corrected aorund 10% from its top and this stock shows significance strength. 2. Its now above 200 DMA and 50 DMA. 3. Only stock to buy this stock is major resistance at 1530. 4. As step declining market this stock stairs up with perfect figure which most attract me and doubting Institutional might accumulating in it. 5. If its...
moving out of triangle, with all higher highs and higher lows, and moving out of triangle with volume and RSI conviction Should retrace back to 1455-60 levels and can zoom higher.
JUST WATCH IF BREAK ANY SIDE AT END OF THE DAY (CLOSING) AND TAKE ACTION AT WON RISK
I can't believe I would ever see this in such a stock that has run up so much but seems the stock is ready for it's next in it's journey going ahead! The stock is in its own mood and will not bow down to any correction in the markets or even for bull markets! Can be considered for a good buy and hold