​Stock Radar: Why Avenue Supermarts is looking attractive on charts after nearly 30% fall from the highs? Buy or hold?

Avenue Supermarts Ltd (D-Mart) is experiencing renewed momentum, reclaiming key moving averages after a 30% drop. Traders are advised to aim for a target of Rs 4,735 within 8-10 months. The stock shows signs of strong support and recovery, backed by technical indicators like RSI and MACD, suggesting bullish potential.