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Dabur India Ltd. - Weekly - Bearish
DABUR INDIA LTD
Short
Dabur India Ltd. - Weekly - Bearish
By Garey_Singh
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May 18, 2020
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May 18, 2020
Dabur India Ltd.
Anticipated weakness extended below 50 MA: 454 and also broken down 440 support line.
Trading near low indicates weakness intact on the underlying momentum.
RSI trying hold above 50 but weakness below 40 will increase the speed of the negative move.
MACD trying to enter the negative territory.
The breakdown below 430 may extend weakness further On the higher side 440 - 445 are immediate resistances.
Chart Patterns
Technical Indicators
Trend Analysis
Garey_Singh
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