karanwealthape

Dabur Good Candidate for Swing/Long Trade with Flag Pattern Form

Long
NSE:DABUR   DABUR INDIA LTD
Hi Swing/Long Trader,

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


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