Dabur- Struggling in Channel-Careful below 274

86 3 2
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
Trade active: 14:10 Hrs 10th Dec2016

Last 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, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Hi Abhi any update on dabur. Does this completed wave iv. Below 266 it may fall till 255
@rrajkumar86, On bigger picture Dabur likely has to come close to 225-235 zone in coming months currently it is doing choppy moves. I will likely wait or if I get a bounce I shall sell.
@rrajkumar86, Short Term I will have to check & shall get back to you.
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out