Dabur India gives a super bullish move today and gives a strong breakout above strong resistance and closed above too but somehow I missed this move so what I am expecting now is that it will give a breakout retest on it's breakout zones of 580 levels so that could be good opportunity to enter in this stock with the target of 602 and 626 and the stop loss will be 567 the previous resistance hopefully this time it will act as a good support for this stock, One more possibility there is if it will retest breakout successfully so after it could come for test todays closing price after hitting the price of 602 that could be the good spot for second entry.. It is simple price action based idea once you will understand you will execute it better.
Comment:
BREAKOUT ZONES RETEST DONE
Trade closed: target reached:
TARGET ONE REACHED AFRER SUCESFULL RETEST OF 580 ZONES GAINING GOOD
Comment:
AGAIN RETESTED IT'S 580 ZONES BEAUTIFULLY