This retail-focussed stock can potentially rally up to 31%; say tech charts

DMart stock witnessed a breakout on the daily chart in recent days, overall bias to remain positive as long as the stock trades above ₹3,930 levels, suggests technical chart.

Shares of Avenue Supermarts (DMart) have been in focus in recent days, with the stock rising 6 per cent as against a mere 0.1 per cent gain in the NSE benchmark index, the Nifty 50, in the last four trading days.  Markets have attributed the recent gains at the counter to the company's opening of its new store in Agra, Uttar Pradesh. Avenue Supermarts in an exchange filing said the total number of DMart stores now stands at 421.  Back on the bourses, on Monday, DMart stock traded on a flat note even as