DMART - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Technical Analysis Summary for DMART (Avenue Supermarts Ltd.)

Technical Rating: 2.9

DMART is currently in a reversal phase, showing signs of weakness after a recent bounce. The stock is trading below key moving averages and momentum indicators are bearish, though some consolidation is visible near support zones.

📉 Trend Status

Trend: Reversing from previous highs; short-term bearish bias

Chart Patterns: Lower highs and lower lows suggest a breakdown from prior uptrend

Recent Price Action: Failed to hold above 50 DMA (₹4,113) and 200 DMA (₹4,085), indicating trend exhaustion

📈 Momentum Indicators

RSI (39.7): Weak, approaching oversold territory; bearish momentum

MACD (-56.4): Deeply negative, confirming downward pressure

Volume: Below average (2.89L vs 4.37L), indicating lack of conviction in recent moves

📊 Moving Averages

Indicator Value Signal

50 DMA ₹4,113 Price below – bearish

200 DMA ₹4,085 Price below – bearish

EMA (short-term) ~₹4,050 Price below – confirms weakness

📉 Bollinger Bands

Price near lower band, suggesting oversold conditions

Band width expanding, indicating volatility spike

🔍 Support & Resistance Zones

Level Price (₹)

Support 1 3,949

Support 2 3,842

Resistance 1 4,113

Resistance 2 4,452

Resistance 3 4,566

🎯 Entry & Exit Zones

Optimal Entry: ₹3,940–₹3,999 (near support and oversold RSI)

Exit Zone: ₹4,450–₹4,565 (approaching resistance and trendline)

🧭 Conclusion

DMART is reversing from its highs and currently in a bearish setup. Weak momentum and low volume suggest caution. Traders may consider buying near support for a short-term bounce, but long-term positions should wait for confirmation above ₹4,113. A break below ₹3,940 could trigger further downside.

Want a visual chart overlay or comparison with other retail stocks like Trent or V-Mart?

Edit in a page