DABUR INDIA LTD
Long
Updated

Dabur is forming a VCP pattern | looking good for long

185
Dabur chart is forming a beautiful volume contraction pattern (VCP). This price action pattern is my favorite.
Note
Too much consolidation yet the price does not even close below 590 which was my stoploss. So holding until 1hr candle closes below 590.
Note
Exited @588

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.