Topic Statement: Avenue Supermarts (DMART) has corrected severely and is oversold, trading under the 180-day moving average near the accumulation zone, with gaps from the correction likely to be filled.
Key Points: 1. Company posted an acceptable profit growth of about 5% QoQ for the 3rd quarter. 2. Price is under the 180-day moving average, indicating oversold conditions. 3. Trading near the accumulation zone. 4. Gaps created during the correction are expected to be filled.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.