Overall Technical outlook

Price Summary

On 2026-04-30, Avenue Supermarts Limited's stock began at 4584.0, peaked at 4615.0, declined to 4511.0, and ended the day 0.04% up at 4585.9, with 528752 shares traded.
Over the past year, the stock's highest price was 4829.3, and its lowest was 3646.3.
Analysts predict that the future price will fluctuate between 3100.0 and 6583.0, with the mean expected price being approximately 4368.0.

Technicals

Support and Resistance: The price for DMART at 4585.9 is supported by the 4551.3 level and faces resistance at 4551.3. This range indicates key levels where the price may find buyers near 4551.3 and sellers near 4551.3, defining a trading range.
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Support/Resistance for DMART


Aroon: The AROON is currently in a neutral position for Avenue Supermarts Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Aroon chart for Avenue Supermarts Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral for DMART, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Bolinger Bands chart for Avenue Supermarts Limited


Parabolic SAR: The PSAR for DMART maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment.
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Parabolic Stop and Reverse chart for Avenue Supermarts Limited


Stochastic: The stochastic indicator signals a bullish outlook, with the K-line above the D-line and the 80 threshold. This configuration points to strong upward momentum, implying that the market may continue to rise. Investors might see this as a positive indication of potential upward movement.
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Stochastic chart for Avenue Supermarts Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend for DMART is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering.
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Tripple SMA chart for Avenue Supermarts Limited


When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.