Dabur- Struggling in Channel-Careful below 274
Updated
Once Channel is leaked downside & going below 274- Likely Dabur could have another fall going below the lows of 269.
Another strategy could be used as watching for channel bounce inside channel so one can get upside short term target as 290 for that to be valid it should not sustain below 280 & also should not break channel.
Related Analysis Attached Below
Another strategy could be used as watching for channel bounce inside channel so one can get upside short term target as 290 for that to be valid it should not sustain below 280 & also should not break channel.
Related Analysis Attached Below
Trade active
14:10 Hrs 10th Dec2016Last Price@278
Going below 274- some down move shall be expected-likely below channel it is looking weak for short term.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Related publications
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.