coolbuddychirag88

DABUR: Move for breakout

NSE:DABUR   DABUR INDIA LTD
I purchased Dabur as a call option 2 days before. I booked the loss in this call option. So based on my experience i am sharing my views on the stock.

- The stock is showing a daily rally of 572 to 580 levels.
- The major resistance is on 580. If it crosses the major resistance zone than the stock is capable of showing a big breakout.
- Wait for the volumes to go up.
- The stock is forming a rounding bottom pattern.

Targets: 590
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.