DMART

stock price analysis and breakout

breakout the stock price of has given its closing above the important resistance level of 4250 on 16th junr 2025 the stock price of dmart has closed above 200 moving average after that a short uptrend was seen 200 moving average acts as an important support and resistance level and after that the stock price is trading above 200 moving average 4250 is an important resistance level as the stock price as faced resistance from this level multiple time like on 19th may, 5th june, 6th june and 19th may now further rise in stock price may be seen and it may move towards the level of 4400 the level of 4250 will now act as an important support level as support and resistance are interchangeable once broken