Dabur Good Candidate for Swing/Long Trade with Flag Pattern Form
Hi Swing/Long Trader,
Dabur Good Candidate for Swing/Long Trade with strong Point or observation in chart as follows
*Consolidation for 2 week above 200 DMA .
*200 DMA act as strong support.
*RSI bounce back from 60 Level mean Bullish momentum to continue.
*CCI Indicator moved above zero mark & making higher high mean Bullish Momentum to continue.
*Price moved Up with Good Volume above 20 day average was seen
Refer for chart for more detail.
Target can be 470 + in coming week with strict stop loss of below 200 DMA
Dabur Good Candidate for Swing/Long Trade with strong Point or observation in chart as follows
- Flag Pattern Formation.
*Consolidation for 2 week above 200 DMA .
*200 DMA act as strong support.
*RSI bounce back from 60 Level mean Bullish momentum to continue.
*CCI Indicator moved above zero mark & making higher high mean Bullish Momentum to continue.
*Price moved Up with Good Volume above 20 day average was seen
Refer for chart for more detail.
Target can be 470 + in coming week with strict stop loss of below 200 DMA
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.