Dabur - Monthly Chart

Dabur Monthly chart has a probability of Harmonic Butterfly Pattern
Harmonic Butterfly is a Reversal Pattern
It's got different variations ( by variation means, various defined Fibonacci ratios clusters )
So as per my observation of the chart first cluster which we will call Prz zone is around 525-530 levels.
If such zone is crossed with strong price action , stock may head towards its second cluster that comes around 570 levels.
And if resisted , stock may re-test 460 levels and if this long term trend has to continue , it should hold 460-440 levels on monthly basis.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out