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Ankushkokane
Jul 13, 2021 9:01 AM

RETEST ZONE for DABUR INDIA LTD. Long

DABUR INDIA LTDNSE

Description

Range breakout WITH QUITE HIGH VOLUME can be seen earlier in the chart and after some upside movement a pullback movement we can say, happening in chart. So would suggest to wait for the given zone/levels to test. if you get near around that zone would be a great short term pick for the target of 603 level with a strict stop-loss of 575. (ONLY ON CANDLE CLOSING BELOW BASIS)

THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.

Comment

Currently trading near the given retest zone can think of buying here at this level.

Trade closed: target reached

Got entry 2 times and each time we have got the targets. If 1 day timeframe candle manages to close above 605 level can be a good entry level/zone.
Would suggest to book half of your profits And keep/hold the rest.
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