Bullish view based upon the following points
1. Clear double bottom pattern at a support level.
2. Trendline Breakout
3. Possible H&S Formation
Dabur can be added at CMP of 584, till 565.
Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any positions.
#hiebro
1. Clear double bottom pattern at a support level.
2. Trendline Breakout
3. Possible H&S Formation
Dabur can be added at CMP of 584, till 565.
Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any positions.
#hiebro
Comment:
WIll add Dabur till 50% Fibo
Comment:
Fakeout @%0% Fibo
Trade closed: stop reached