Recent fall in DMART prices looks like a complete turnaround in the stock's story. DMART is indeed in the business of real-estate more than modern trade. Looks like the upcoming quick commerce players and e-commerce players are eating away the top-line for the company.
On technical charts DMART had a huge selling volume and breaking of all the fib levels about to take a crucial support now. If the upcoming support is broken from 3,200 we can see 2,500 levels too...
JAN'25 results will play a crucial part. As of now this looks neutral on outlook till the upcoming result.
On technical charts DMART had a huge selling volume and breaking of all the fib levels about to take a crucial support now. If the upcoming support is broken from 3,200 we can see 2,500 levels too...
JAN'25 results will play a crucial part. As of now this looks neutral on outlook till the upcoming result.
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