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Technicals for Avenue Supermarts Limited
By MusingTheNews
2025-08-15 20:24
Overall Technical outlook
Price Summary
On 2025-08-13, Avenue Supermarts Limited's stock opened at 4255.0, reached a high of 4340.0, dropped to a low of 4247.3, and closed up 1.87% at 4334.6, with a trading volume of 470112 shares. The stock reached its highest price of 5391.45 and lowest price of 3403.95 over the last 52 weeks. The future price of DMART is projected to range from 3100.0 to 6408.0, with an average expected price of 4225.2256, according to 31 analysts.
Technicals
Support and Resistance: The price of 4334.6 is supported at 4206.8 and capped by resistance at 4335.8. These levels mark key points for Avenue Supermarts Limited where the price could find stability, with 4206.8 as a floor and 4335.8 as a ceiling. Support/Resistance for DMART
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Avenue Supermarts Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. 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. Parabolic Stop and Reverse chart for Avenue Supermarts Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Avenue Supermarts Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for Avenue Supermarts Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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