Overall Technical outlook

Price Summary

On 2026-02-02, Avenue Supermarts Limited's stock began at 3639.0, peaked at 3683.3, declined to 3600.0, and ended the day 0.97% up at 3674.2, with 212407 shares traded.
The highest price the stock achieved in the past 52 weeks is 4829.3, while the lowest price it saw is 3403.95.
As per recommendations from 30 analysts, DMART's future price is expected to span between 3100.0 and 6185.0, with a mean price around 4141.3335.

Technicals

Support and Resistance: The current price of 3674.2 for DMART is supported at 3663.7 and faces resistance at 3757.2. These levels indicate that 3663.7 could act as a floor, while 3757.2 might limit any further price increases.
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Support/Resistance for DMART


Aroon: Aroon's bearish trend remains strong, with Aroon Down still at the 100 level. This suggests ongoing downward pressure. However, this trend should be further explored using additional indicators to gain a clearer understanding of its long-term significance.
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Aroon chart for Avenue Supermarts Limited


Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Bolinger Bands chart for Avenue Supermarts Limited


Parabolic SAR: The PSAR maintains a bearish outlook for DMART, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued.
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Parabolic Stop and Reverse chart for Avenue Supermarts Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Stochastic chart for Avenue Supermarts Limited


Tripple Moving Agerage: A bullish trend is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a possible reversal. This weakening momentum suggests that while the overall trend is still upward, traders should be cautious of a potential shift in the near future.
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Tripple SMA chart for Avenue Supermarts Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.