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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 2024-03-20 View latest technical analysis

10 day averaged volume of Avenue Supermarts is 392186

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	4056.35	4015.00	4068.00	4009.25	0.883 times
19 Tue Mar 2024	4014.10	4008.00	4046.05	3983.05	1.151 times
18 Mon Mar 2024	4010.55	3932.10	4019.00	3918.70	0.588 times
15 Fri Mar 2024	3932.10	4019.45	4035.00	3904.00	0.888 times
14 Thu Mar 2024	4019.25	3966.95	4040.00	3890.00	0.906 times
13 Wed Mar 2024	3967.80	4055.00	4056.00	3932.05	1.33 times
12 Tue Mar 2024	4031.70	3999.00	4042.00	3900.00	1.275 times
11 Mon Mar 2024	3979.65	3948.85	4025.00	3936.05	1.759 times
07 Thu Mar 2024	3925.95	3888.65	3942.65	3877.20	0.843 times
06 Wed Mar 2024	3888.65	3834.50	3895.00	3825.15	0.788 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 4082.1, for a target of 3994.3 or 3921.14

Share price targets for Avenue Supermarts (DMART)

Target Type	Value
Downside Target	3621.00
Downside Target	3796.25
Downside Target	3889.00
Downside Target	3948.30
Downside Target	3962.00
Downside Target	4056.00
Upside Target	4068.00
Upside Target	4155.00
Upside Target	4206.00

Intraday share price targets for Avenue Supermarts (DMART)

Target Type	Value
Downside Intraday Target	3960.7
Downside Intraday Target	3865.05
Upside Intraday Target	4110
Upside Intraday Target	4163.65
Downside Intraday Target	4014.35

Weekly technical analysis of Avenue Supermarts (DMART)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	4056.35	3932.10	4068.00	3918.70	0.426 times
15 Fri Mar 2024	3932.10	3948.85	4056.00	3890.00	2.469 times
07 Thu Mar 2024	3925.95	3870.95	3942.65	3811.30	0.52 times
02 Sat Mar 2024	3868.25	3840.55	3948.30	3796.25	1.176 times
23 Fri Feb 2024	3840.55	3673.30	3889.00	3673.30	0.806 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
20 Wed Mar 2024	4056.35	3925.00	4068.00	3811.30	0.704 times
29 Thu Feb 2024	3918.90	3810.00	3948.30	3644.30	0.677 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3984.73 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 positive

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