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Technicals for Avenue Supermarts Limited
By MusingTheNews
2025-10-17 20:24
Overall Technical outlook
Price Summary
Avenue Supermarts Limited's stock began trading at 4278.0 on 2025-10-16, soared to 4334.8, dipped to 4267.4, and finished the day 0.89% up at 4316.1, with 363320 shares exchanged. Over the course of 52 weeks, the stock peaked at 4829.3 and hit a low of 3403.95. The future price of DMART is projected to range from 3100.0 to 6300.0, with an average expected price of 4355.7334, according to 30 analysts.
Technicals
Support and Resistance: The price of 4316.1 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 in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Avenue Supermarts Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Avenue Supermarts Limited
Parabolic SAR: The PSAR's shift from bearish to bullish could indicate a trend change. When interpreted alongside other indicators, this reversal may signal a strong bullish trend if supported by broader market movements. Investors should watch for further confirmation before making investment decisions. Parabolic Stop and Reverse chart for Avenue Supermarts Limited
Stochastic: The stochastic indicator shows the K-line rising above the D-line while remaining below 20, generally considered the start of a bullish move. This pattern suggests that the market may be in the initial phase of a recovery, potentially leading to an uptrend. Traders could view this as a signal for potential gains for DMART. Stochastic chart for Avenue Supermarts Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for Avenue Supermarts Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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