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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 2024-04-02 View latest technical analysis

10 day averaged volume of Avenue Supermarts is 738516

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	4411.85	4503.00	4563.00	4400.05	0.6 times
01 Mon Apr 2024	4483.30	4570.00	4592.00	4456.30	0.556 times
28 Thu Mar 2024	4525.60	4424.95	4560.00	4397.05	1.209 times
27 Wed Mar 2024	4420.55	4480.50	4533.00	4387.05	1.102 times
26 Tue Mar 2024	4486.20	4315.75	4509.45	4297.25	2.49 times
22 Fri Mar 2024	4297.60	4159.80	4330.50	4151.15	1.248 times
21 Thu Mar 2024	4163.10	4117.00	4238.00	4091.50	1.531 times
20 Wed Mar 2024	4056.35	4015.00	4068.00	4009.25	0.469 times
19 Tue Mar 2024	4014.10	4008.00	4046.05	3983.05	0.611 times
18 Mon Mar 2024	4010.55	3932.10	4019.00	3918.70	0.312 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4339.6, but if it comes below 4339.6, then a intra day sell could be more profitable.
If you take a sell trade below 4339.6, then use 4339.6 as stoploss and 4108.17 as target. However if you take a buy trade in stock , then use 4339.6 as stoploss and 4617.3 as target.

Share price targets for Avenue Supermarts (DMART)

Target Type	Value
Downside Target	3644.30
Downside Target	3811.30
Downside Target	3890.00
Downside Target	4056.00
Downside Target	4155.00
Downside Target	4297.25
Downside Target	4330.50
Downside Target	4400.05
Upside Target	4560.00
Upside Target	4592.00

Intraday share price targets for Avenue Supermarts (DMART)

Target Type	Value
Downside Intraday Target	4343.93
Downside Intraday Target	4276.02
Upside Intraday Target	4535.88
Upside Intraday Target	4659.92
Upside Intraday Target	4467.97

Weekly technical analysis of Avenue Supermarts (DMART)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	4411.85	4570.00	4592.00	4400.05	0.241 times
28 Thu Mar 2024	4525.60	4315.75	4560.00	4297.25	1.151 times
22 Fri Mar 2024	4297.60	3932.10	4330.50	3918.70	1.276 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

Price has moved down 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
02 Tue Apr 2024	4411.85	4570.00	4592.00	4400.05	0.083 times
28 Thu Mar 2024	4525.60	3925.00	4560.00	3811.30	1.542 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

Scroll below to view daily charts

Price has moved down 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 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 losing 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Avenue Supermarts in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 4344.06 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.