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Technicals for Avenue Supermarts Limited
By MusingTheNews
2025-07-16 20:24
Overall Technical outlook
Price Summary
On 2025-07-15, Avenue Supermarts Limited's stock opened at 4020.1, reached 4058.0, hit a low of 3991.7, and rose 0.16% to close at 4026.7, with 1541725 shares traded. The stock reached its highest price of 5391.45 and lowest price of 3403.95 over the last 52 weeks. The anticipated price is forecasted to be between 3000.0 and 5549.0, with an average price expectation of 4033.3794, based on input from 29 analysts.
Technicals
Support and Resistance: With the current price at 4026.7, support is found at 3947.85 and resistance at 4083.2. These levels indicate where buyers might step in at 3947.85, while sellers could limit gains at 4083.2, defining a trading boundary for Avenue Supermarts Limited. Support/Resistance for DMART
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Avenue Supermarts Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Avenue Supermarts Limited
Parabolic SAR: The PSAR for DMART remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. Parabolic Stop and Reverse chart for Avenue Supermarts Limited
Stochastic: The stochastic indicator reflects a bullish outlook with the K-line above the D-line and below 20, signaling the likely start of a bullish move. This setup suggests that the market may be beginning to rise from a low level, potentially leading to an uptrend. Traders might interpret this as a positive entry signal. Stochastic chart for Avenue Supermarts Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for DMART, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Tripple SMA chart for Avenue Supermarts Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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