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DMART Expected to Bounce from 50 DMA

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After a short term downtrend which was on back of little to no volume, DMART has shown some strength from lower levels and is ready for a bounce till previous swing. The overall market is also oversold and needs to stabilize a bit before moving again. DMART has formed a good candle with long tail and strong volume to back it up. The same thing happend after 3rd Oct candle too.

Stop Loss: SL should be below 3,600

Entry: Entries can be made at the open right away

Target: 3,900+
Operación cerrada: objetivo alcanzado

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