vanathi

Dabur - Slopping down!

Short
NSE:DABUR   DABUR INDIA LTD
12
Price action of Dabur has broken the upward trendline indicating bearishness. RSI and TSI shows hidden bearish divergence. Hidden bearish divergence happens when price is making a lower high (LH), but the oscillator is showing a higher high (HH). Dabur is sell below 278 with the stoploss of 279. Targets are 270, 268 and 265. Always protect your profit with trail stop.
Trade active: Sell @ 275 on 3/9/17
Trade active: Didnt hit the stoploss even in this euphoria market movement, trending @ 272
Trade closed: stop reached: Flag break out. Is it forming cup and handle?

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