200emacrossover
Dabur India, BullishDabur India shows bullish setup with confluence of multiple patterns. The stock is trading below and
approaching #200EMA which is important support / resistance level. The stock has given 5month
trendline breakout, along with W-pattern and is also forming rounding bottom pattern. The key levels
to watch out are indicated in the chart.
APEX: Worst is over if Breakout will be comeHigh Probable Chance for Breakout
Bullish above 260.5
Target 326
SL: 230
Very affordable risk reward set up ...
Keep it on RADAR...
Monthly Chart : Morning star Pattern formation also confirm if breakout will come...
Lockdowns in india will unlock and this is predefined view and PRice volume action wise also Very nice breakout..
200 EMA also above breakout
downtrendlines as resistance, will breakout..
so, 260.5 is Golden sparrow level.. Keep it on your RADAR.
positional buyclose above 200 ema
macd crossover
at 52 week high - 176.80
positional long for target 181 - 215
deep stop 160
disclaimer - trade @ own risk
TATA MOTORS forming Bullish Engulfing Candle!TATA Motors has picked up positive momentum after taking support from 200EMA.
Price crossed 50EMA and formed Bullish Engulfing candle, signifying positive momentum
Basis Fib levels, a minor resistance can be seen at 139-140 level, once breached it can go Up, near to resistance zone 150 in next two weeks.