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(DMART) Avenue Supermarts complete technical analysis [charts+indicators] | Buy/Sell Avenue Supermarts | (DMART) share price targets

Complete technical analysis of Avenue Supermarts (DMART) by charts plus indicators, forecast predictions and share price targets for Avenue Supermarts (DMART)

Showing technical analysis as on 2024-02-27 View latest technical analysis

10 day averaged volume of Avenue Supermarts is 373233

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	3852.20	3859.00	3885.00	3818.05	0.687 times
26 Mon Feb 2024	3850.35	3840.55	3859.00	3796.25	0.929 times
23 Fri Feb 2024	3840.55	3860.00	3872.00	3828.65	0.607 times
22 Thu Feb 2024	3851.45	3860.00	3869.00	3801.85	0.636 times
21 Wed Feb 2024	3835.75	3752.00	3889.00	3752.00	1.588 times
20 Tue Feb 2024	3756.20	3701.00	3784.00	3691.40	0.848 times
19 Mon Feb 2024	3707.25	3673.30	3722.00	3673.30	0.607 times
16 Fri Feb 2024	3693.30	3698.60	3724.65	3665.10	1.947 times
15 Thu Feb 2024	3678.60	3722.40	3729.95	3671.35	1.36 times
14 Wed Feb 2024	3722.40	3700.00	3739.00	3691.05	0.69 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3819.3, but if it comes below 3819.3, then a intra day sell could be more profitable.
If you take a sell trade below 3819.3, then use 3819.3 as stoploss and 3758.85 as target. However if you take a buy trade in stock , then use 3819.3 as stoploss and 3891.9 as target.

Share price targets for Avenue Supermarts (DMART)

Target Type	Value
Downside Target	3616.00
Downside Target	3826.60
Upside Target	3885.00
Upside Target	3889.00
Upside Target	3905.00
Upside Target	3941.00
Upside Target	3962.00
Upside Target	4155.00
Upside Target	4206.00

Intraday share price targets for Avenue Supermarts (DMART)

Target Type	Value
Downside Intraday Target	3803.97
Downside Intraday Target	3755.73
Upside Intraday Target	3892.72
Upside Intraday Target	3933.23
Downside Intraday Target	3844.48

Weekly technical analysis of Avenue Supermarts (DMART)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	3852.20	3840.55	3885.00	3796.25	0.377 times
23 Fri Feb 2024	3840.55	3673.30	3889.00	3673.30	0.806 times
16 Fri Feb 2024	3693.30	3719.20	3739.00	3644.30	1.796 times
09 Fri Feb 2024	3719.20	3785.00	3791.55	3699.00	0.915 times
02 Fri Feb 2024	3784.30	3700.00	3826.60	3652.75	1.044 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Avenue Supermarts (DMART)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	3852.20	3810.00	3889.00	3644.30	0.575 times
31 Wed Jan 2024	3792.70	4075.00	4155.00	3646.05	1.416 times
29 Fri Dec 2023	4082.65	3969.65	4206.00	3905.00	1.275 times
30 Thu Nov 2023	3949.75	3637.50	3962.00	3621.00	0.597 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Avenue Supermarts (DMART)

Price action analysis of Avenue Supermarts ( (DMART) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Avenue Supermarts ( (DMART) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Avenue Supermarts ( (DMART) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Avenue Supermarts stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Avenue Supermarts in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Avenue Supermarts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Avenue Supermarts in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Avenue Supermarts is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3767.36 and Avenue Supermarts (DMART) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Avenue Supermarts (DMART) stock. Volume based technical analysis of Avenue Supermarts (DMART) stock is negative.

Avenue Supermarts Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.