Dabur - Coming out of Accumulation soon!

May 30, 2021

The volume on the bearish candle was concerning but the Bulls absorbed all the supply and hence the next candle was a hammer. The price is in a range/accumulation phase. An ambush entry can be taken with the previous low as a stop loss. A safer entry can be taken after the break of the range on the upside.

Targets: 547, 562, 578.

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

Jun 3, 2021

Note

Going as expected. Trying to consolidate the gains.

Jun 7, 2021

Note

Target 1 Reached

Jun 11, 2021

Note

Target 2 reached. ✅✅

6% up till now. 🚀

Jun 16, 2021

Note

All targets reached. ✅✅

9% gain in 2 weeks. :)