DABUR INDIA LTDLong
DABUR INDIA LTD| SHORT TERM TARGET 640
DABUR INDIA LTD. HAS FORMED A BEAUTIFUL CUP AND HANDLE PATTERN. IT IS RETESTING THE NECK LINE SUPPORT I GUESS. AFTER SUCESSFUL RETESTING THE STOCK HAS THE THE POTENTIAL TO GO UPTO 640 IN SHORT TERM.
1.THE STOCK HAS GIVEN A CHANNEL BREAKOUT IN WHICH IT WAS MOVING SINCE AUGUST20.
2. DAY RSI TAKING SUPPORT AT 60.
3. HOURLY RSI IS ABOUT TO RISE FROM 40.
4. THE STOCK IS READY TO MOVE UPSIDE AFTER 50% PERFECT RETRACEMENT.
1.THE STOCK HAS GIVEN A CHANNEL BREAKOUT IN WHICH IT WAS MOVING SINCE AUGUST20.
2. DAY RSI TAKING SUPPORT AT 60.
3. HOURLY RSI IS ABOUT TO RISE FROM 40.
4. THE STOCK IS READY TO MOVE UPSIDE AFTER 50% PERFECT RETRACEMENT.
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