FMCG index went for a long consolidation and has broken the upper end of the range successfully. 10% rally is expected in short term. Individual stocks can move higher. Like, HUL, Marico, Dabur
A good fundamental company has given a breakout in Weekly charts. With the demand pickingup in FMCG setcor, the stock is poised for new heights.
Dabur is forming a rising channel pattern. Watchout at key levels. Plan your trade accordingly!
I will go long on DABUR because >: It is forming a triangular pattern. The price was moving inside the triangle. Price has finally given a small breakout and we can look at going long. Entry - 538 Target - 576/606 Stop loss - 507
Accumulated enough to make new highs in coming sessions High volume breakout given with low volume pull back
It seems jubl food is ready for next up leg As a good move with good vol was senn in previous day session Buy above 2810 Sl 2680 Target 3000 Disclaimer : This idea is for only educational purpose, pls consult your financial advisor for any trading . investment
Buy Dabur CMP 539 with stoploss of 513 and Target is 563 and 577 Study: Cup & Holder Breakout and volume is also increasing
Parallel channel broken Supply Channel broken with volume broken
Dabur gives a good BO from the triangle pattern with a strong bullish candle. Buy above 527 for the possible targets of 551, 567.
Bullish inverse head and shoulder pattern in Dabur and this will breakout above 515. If breakout happened it will ready to target of 534+ in 1-2 trading session. After breakout possible, it will show some breakout correction from 519 to breakout level. Breakout level becomes support after the breakout and it will bounce back towards the target from 515 to 534+....
29th Dec'20:- Dabur trapped in trading range, goes for breakout testing. If succeeds and close above 533, then you may long for target of 559.
An INVERSE HEAD & SHOULDERS PATTERN is a clear cut indication of a breakout. A BIG BREAKOUT........... Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and...
Inverted H&S Pattern forming in Dabur, Watch out for breakout..
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Inverted Head & shoulder Pattern