NSE: DMART Below 1364 might touch 1157 in short term Since December 19 to January 11 stock was trading between 1696 to 1501 After performance numbers declared during weekend, today's sell off with huge volume shows more downside The weakness in chart might built up further and can push price lower to 1157 level in coming days Going forward 1489 will act as strong resistance level and stop loss for Short positions Below 1364 stock can touch levels 1287, 1232 & 1157 Today's sell off with volume might be a worry in short term.
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DMART Reached to Support zone at 1368-1364. Break below will bring more down side.
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Price action continue in support, 1346 to 1412.
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As expected 1435 channel 1364 was holding for price action. At least for some time price doesn't look to be going down.