Overall Technical outlook

Price Summary

Avenue Supermarts Limited's stock began trading at 4351.0 on 2026-04-09, soared to 4430.0, dipped to 4322.3, and finished the day 1.48% higher at 4415.6, with 549690 shares exchanged.
Throughout the 52-week period, the stock hit a high of 4829.3 and a low of 0.0.
The expected price range is between 3100.0 and 6185.0, with a mean anticipated price of 4141.3335, according to 30 analysts.

Technicals

Support and Resistance: The current price of 4415.6 is supported at 4156.0, with resistance at 4551.3. This suggests that the price for DMART might remain between these levels, where 4156.0 acts as a floor and 4551.3 as a ceiling in the market.
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Support/Resistance for DMART


Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Avenue Supermarts Limited. This suggests a period of market balance, where neither side is showing dominance.
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Aroon chart for Avenue Supermarts Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Bolinger Bands chart for Avenue Supermarts Limited


Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains.
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Parabolic Stop and Reverse chart for Avenue Supermarts Limited


Stochastic: The K-line has dipped below the D-line on the stochastic indicator while staying above 80, indicating that a bearish price move may be imminent. This pattern suggests that the market's upward momentum is faltering for Avenue Supermarts Limited, which could result in a reversal. Investors should pay attention to this potential change in trend.
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Stochastic chart for Avenue Supermarts Limited


Tripple Moving Agerage: A bullish trend is suggested by the current alignment of the moving averages for DMART, strengthened by the upward movement of the 20, 50, and 100-day aggregates. This setup indicates that the market is gaining momentum, which could lead to continued growth. Investors might interpret this as a signal to capitalize on potential gains.
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Tripple SMA chart for Avenue Supermarts Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.