Avenue Supermarts Ltd.
Long

DMART one more Upward Impulse Wave about to form.

153
https://www.tradingview.com/x/ICfSaZIV/

According tenth Elliott Wave Theory Price forms a 5 Wave Sequence structure before the major Correction, here we see that we have Wave 1, 2, 3(strongest upmove), Wave 4(correction), are complete.

https://www.tradingview.com/x/ICfSaZIV/

Currently Price has formed a Quarterly Demand which has its LegOut closed above the EMa which indicates a Strong Buying and Price hasn't violated any Supply which signifies there was a temporary correction which is over and now Price is ready to Shoot above the end point of Wave 3, hence Target derived is Rs. 6000.00

https://www.tradingview.com/x/VbKARv2h/

This is a Trade where the reward is amazing against the minimum risk defined.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.