EagleVision8

Choppy Trade in DABUR

Short
EagleVision8 Updated   
NSE:DABUR   DABUR INDIA LTD
Extremely volatile movement in the past months.
Stock is at All time highs and Redistribution has been noticed. 500 is a major resistance with heavy selling pressure.
Short with a Target of 2%, Stop loss of 1%.
Clean 1:2 Risk Reward trade
Intraday preferably since it is a small move
Trade smart
Comment: Try to get in around 498
Order cancelled: No trigger Gap up.
Will post updated idea. Market extremely green today :D
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.