DMART

Avenue Supermarts – Momentum

Important Levels: Support: 5,150 – 5,000 Resistance: 5,450 – 5,650 Structure: Strong recovery with higher highs Business: Operates the D-Mart retail chain across India Strong value retail model with consistent expansion Beneficiary of rising consumption and organized retail growth Earnings: Q1 revenue grew around 15% YoY, reflecting healthy store performance and continued expansion. Verdict: 👉 Consumption leader with improving momentum 👉 Suitable for swing and positional traders