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