DMart: Oversold and in Accumulation Zone
Topic Statement: DMart stock has been beaten down, becoming very oversold, with heavy support at 3500 offering a prime accumulation opportunity.
Key Points:
1. The stock price is trading below the 180-day moving average, making it extremely oversold.
2. The 3500 level acts as a strong support within the accumulation zone.
3. The stock can be accumulated now and sold near 4800, which is the distribution zone and a key resistance around 5000.
Key Points:
1. The stock price is trading below the 180-day moving average, making it extremely oversold.
2. The 3500 level acts as a strong support within the accumulation zone.
3. The stock can be accumulated now and sold near 4800, which is the distribution zone and a key resistance around 5000.
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.
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.