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this_is_shoaib
Jan 7, 2022 8:00 AM

DABUR BREAKOUT BUY ABOVE 586 Long

DABUR INDIA LTDNSE

Description

Hello traders, dabur has given a breakout with good enough strong candle, and looks that it can go for the upper marked targets.
FMCG stocks gave a good move other than dabur but it has a good weightage in Nifty50 so I believe it will give a run now.

Stock just crossed the 200 ma.
Gave a trendline breakout.
RSI in the bullish zone.
MACD above the signal line.

Not a good enough volume present ye, so be on the edge for that.

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Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.

Trade closed: stop reached

SL hit. Breakout failed
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