NSE: DMART Below 1364 might touch 1157 in short term
NSE: DMART Below 1364 might touch 1157 in short term
Since December 19 to January 11 stock was trading between 1696 to 1501
After performance numbers declared during weekend, today's sell off with huge volume shows more downside
The weakness in chart might built up further and can push price lower to 1157 level in coming days
Going forward 1489 will act as strong resistance level and stop loss for Short positions
Below 1364 stock can touch levels 1287, 1232 & 1157
Today's sell off with volume might be a worry in short term.
Since December 19 to January 11 stock was trading between 1696 to 1501
After performance numbers declared during weekend, today's sell off with huge volume shows more downside
The weakness in chart might built up further and can push price lower to 1157 level in coming days
Going forward 1489 will act as strong resistance level and stop loss for Short positions
Below 1364 stock can touch levels 1287, 1232 & 1157
Today's sell off with volume might be a worry in short term.
Trade attivo:
DMART Reached to Support zone at 1368-1364. Break below will bring more down side.
Trade attivo:
Price action continue in support, 1346 to 1412.
Trade attivo:
As expected 1435 channel 1364 was holding for price action. At least for some time price doesn't look to be going down.
Commento:
Channel trading is on