dev_trader

DABUR INDIA - Not holding 280 levels?

Short
NSE:DABUR   DABUR INDIA LTD
1
Its been observed on daily chart that DABUR india is facing resistance at 280 levels.
Also, this is 50% retrace level from last year January, showing resistance.
A SELL can be initiated below 270 for target of 260.

TP - 260
SL - 280 on closing basis.

*Chart are published for learning purpose*
Comment: Trade not initiated yet. Sell below 270.
Comment: Trade not initiated yet. Risk takers can take short here with strict SL of 380.5.
Comment: 10th consecutive day, Dabur is facing serious selling pressure between 280-282.
Comment: 16/01/2017... Its back to the 278-280 levels. Interesting to see the battle between Bulls and Bears.
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