Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.
Taking a broader look at Avenue Supermarts Limited at 3833.85 as of March 19, 2025, this stocks got a wild ride to unpack. Its down 30.1% from its 52-week high of 5484.85, but up 14.79% from its March low of 3340a recovery in the making. The last five days delivered a 282.3-point surge from the March 11 low, with no glaring gapsjust a steady climb capped by todays Spinning Top and Doji, flashing indecision after the run. The RSIs showing bullishness without overcooking, but the Stochastic %K and Williams Percent Range are screaming overboughtwatch for a possible reversal. The MACD and Bull Bear Power are waving green flags, though the CCIs high perch hints at a breather. Price has blasted past the SMA 20 and EMA 10, and its above the SMA 50 at 3651.31, cementing an uptrendnext test is the EMA 100 at 3815.3 holding as support. Resistance at 3868.4, the recent high, is the gatekeeperclear it, and 4000 or even 4100 could beckon. Support stacks up around 3608.53, tied to the Ichimoku Base Line, with 3602.62 (SMA 20) as a fallbackideal for a bounce if selling hits. The ATRs long-term drop signals low volatility, and delivery percentages, peaking at 55.05% on March 17, show some big-player interest. Traders might grab 3600 on a pullback or ride a breakout above 3868 toward 4000, but that indecision candle says to stay nimble.