The short-term outlook is bullish for Avenue Supermarts. The stock has risen over 2 per cent on Monday when the broader markets were beaten down badly.

This rise has taken the stock well above ₹3,920, an intermediate resistance. Barring the short-lived fall last week, the stock has been getting good support from the 55-Day Moving Average (DMA). This 55-DMA support is currently at ₹3,804.

Cluster of supports are there in the ₹3,900-₹3,800 region. Avenue Supermarts share price can rise to ₹4,150 from here.

Video Credit: Businessline

Traders can buy Avenue Supermarts shares now at ₹3,965. Accumualte on dips at ₹3,910. Keep the stop-loss at ₹3,840.

Trail the stop-loss up to ₹3,990 as soon as the stock goes up to ₹4,030. Revise the stop-loss higher to ₹4,045 and ₹4,090 when the price touches ₹4,080 and ₹4,120 respectively. Exit the long positions at ₹4,135.

(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)

Published on March 10, 2026