Go Long
Dabur’s price is holding above a strong support level around ₹560, with RSI showing recovery from oversold conditions and the MACD signalling a potential bullish crossover. Combined with the stock nearing the lower boundary of a rising channel, these factors suggest a potential upside, making a long position favorable.
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.