DABUR
Dabur ready to make a new 52 week high!Dabur is looking strong as the overall structure inside the range is bullish. Strong wide range candles suggest the presence of strong buyers, who were accumulating at lower levels inside the range, and now as the price is breaking out, I expect a huge upside momentum, which can cause Dabur to make a new 52-week high and can easily move towards 600 and above. Fundamentally the stock is strong, with exceptional presence in the FMCG sector. It generates huge amounts of cash, which may or may not translate to huge dividends in the future(like ITC). It has a diversified product range, with its uniqueness being that it is an age-old company, with customers being loyal to its products such as toothpaste. Good stock for positional trading.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
DABUR INDIA LTD - Ascending Triangle BreakoutTarget on chart.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
DABUR - SWING TRADE - NEAR THE BREAKOUT POINT514 is an important level for the stock, as it seems from the chart. So look out for a breakout.....
Look at the charts and make an informed decision.
Thank You
Happy Trading
Beware of risk involved in stock market and this is for educational purpose only.
DABUR is Making Descending Triangle Pattern (Breakout Trade)Dabur : Fast-Moving Consumer Goods Company ( NSE:DABUR ) is Making Descending Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
DABUR is Making Strong SR Channel Pattern (Breakout Trade)Dabur : Fast-Moving Consumer Goods Company ( NSE:DABUR ) is Making Strong SR Channel Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
Dabur long entry can be taken.W+D BO done.& closing above the level of 500 the sign of bullishness. Long entry can be taken above the price of 510 for the target level of 530-540 SL 488.
always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
drive.google.com
DABUR - SWING TRADE (Discussed Earlier)The time has come for dabur. The breakout happened and those who followed me must be in good profits. The stock is set to give more than 15 points. So wait and take informed decision.
this is for educational purpose only.
thank you
happy trading.
check out my analysis on dabur posted sep 2.