DMART - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.3

Here’s a detailed technical analysis of DMART (Avenue Supermarts Ltd)

📊 Trend Overview

Current Trend: Bullish

Status: The stock is trending upward, supported by strong price action above key moving averages and improving volume.

📈 Moving Averages

DMA 50: ₹4,489

DMA 200: ₹4,227

Current Price: ₹4,780

🔹 Price is above both 50-DMA and 200-DMA, confirming a bullish trend. The 50-DMA now acts as a dynamic support level.

📉 Momentum Indicators

RSI (14-day): 61.6 — Bullish zone, but not yet overbought.

MACD: +75.1 — Strong bullish crossover, indicating upward momentum.

Volume: 4.34 lakh vs 1-week avg of 3.55 lakh — Healthy volume surge, confirming buyer interest.

📊 Bollinger Bands

Price is near the upper band, suggesting bullish momentum but also a potential short-term pause or pullback.

🔍 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 4,700 Minor support, recent consolidation

Support 2 4,489 50-DMA, strong technical support

Resistance 1 4,980 Near-term resistance zone

Resistance 2 5,200 Psychological level

Resistance 3 5,485 52-week high, major breakout level

🎯 Entry & Exit Zones

Optimal Entry: ₹4,700–₹4,750 range on pullback with volume confirmation.

Exit Zone: ₹4,980–₹5,200 for short-term traders; ₹5,400+ for medium-term breakout players.

⚠️ Short-Term Signals

MACD bullish, RSI strong, and volume spike suggest continued momentum.

Watch for consolidation near ₹4,980 before next breakout attempt.

🧭 Summary

Trend: Bullish with breakout potential

Momentum: Strong; MACD and volume support upside

Technical Rating: 4.3 — Positive setup with room to test 52-week highs

Sources: Trendlyne

1

, MoneyMintIdea

2

, StockPriceArchive

3

Would you like a peer comparison with retail giants like Reliance Retail or Trent?

1

trendlyne.com

2

moneymintidea.com

3

stockpricearchive.com

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