DMART

- Competition is Killing Margins?

One of the most critical change that happened is quick commerce and one of the stock that has suffered a lot due to entry of zomato, swiggy, zepto etc is the one and only the giant

Stock is at multi year support, a double top breakdown is in progress Given the top height, of Dt which is approximately 3200 - 2300, its important that Dmart holds the 1850 levels, a break below that can push for DT pattern target of 1350 - 1400.