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DABUR

DABUR INDIA LTD possible Elliot wave counts on dailyHello Friends, Here we had shared possible Elliott wave counts on chart of Dabur India ltd. in which we can see that currently we are in corrective phase of this stock, On daily chart we can see that possibly we are in wave (c) of Y of (4), post wave (4) we can start fresh rally towards wave (5) in north direction, but currently we still have to complete corrective phase which is in complex correction pattern, so labeled as W-X-Y, in which we have completed wave W-X and now possibly we are in wave Y, also I'll mention here that in wave Y we have finished wave (a) and wave (b) and now possibly we are in wave (c) of wave Y, in wave (c) we have done wave i, and wave ii and now we are unfolding wave iii of (c) of Y. Along with wave structures we are witnessing lots of situations in technical charts which are aligning and supporting same bearish bias, like negative crossovers, breakdowns, low relative strengths, RK's Mass psychological cloud etc. etc. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Please check snap shots shared below Possible Elliott wave counts on Daily time frame. Possible Elliott wave counts on Hourly time frame Support breakdown along with good intensity of volume Price broken down from ascending parallel channel with good volumes RK's Mass psychological cloud and stop line both indicating bearish bias ahead. Bearish Sequence in major moving averages 50DMA is below 100DMA and 100 DMA is less than 200DMA Price closed below lower Bollinger band on daily time frame Price closed below lower Bollinger band on weekly time frame RSI below 40 is too bearish in daily RSI below 40 is too bearish in weekly MACD in daily negative crossover under zero level MACD in weekly also negative MACD in monthly already running in negative mode DMI ADX both in bearish strength in daily chart DMI ADX both in bearish strength in weekly chart Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:DABURShort
by RK_Chaarts
2
DABUR --Bullish --Weekly Chart DABUR -- Weekly --Bullish Chart pattern setup TECHNICAL OBSERVATIONS . 1. DABUR seen bullish on weekly chart as chart pattern is higher high Currently . 2. Trendline support and channel support seen , Double bottom made on same support level . 3. CCI divergence seen on chart 4 . Trend reversal doji candle form at channel lower level support . 5. One can initiate Buy at channel support level 530-535 for target 550-580-600 POSITIONAL ( 1-3 ) Month stop loss 475 hourly /daily closing basis HAPPY TRADING !! ** THI IDEA IS FOR EDUCATIONAL PURPOSE .. ** trade at own risk ! HAPPY TRADING. !
NSE:DABURLong
by champtrade111
3
Dabur is going to break the supply or demand trendline tomorrow.DABUR is currently trading above the demand zone and between the supply and demand trendlines. selling volume is getting dried. We should expect bullish movement up till the next supply zone if the supply trendline breaks. However, if the demand trendline is broken, we might anticipate downward movement. If this analysis was useful to you, please like it, follow me for such analysis and and let me know what you think about this analysis in the comment box below. for volume analysis "Wave Volume Divergence" Indicator has been used.
NSE:DABUR
by AfnanTAjuddin
DABUR Long opportunityNSE:DABUR Stock -> Dabur TimeFrame -> Weekly Hello all! Dabur has been moving in a channel since March 2018. It came back to its lower trendline in June 2022, bounced back, and broke trendline 1 with good volumes. This we believe makes for a good opportunity to go long. There are other reasons which strengthen our conviction: 1) The lower trendline from which the scrip bounced back off of also coincides with the strong 200 EMA. 2) The breakout of trendline 1 happened with good volumes. 3) Stock took a bounce from its golden Fibonacci zone (between 50% and 61.8%) not shown here to avoid confusion. Risk-averse traders can wait for closing above the Resistance zone. Although accumulation in small quantities can be done. The Risk-Reward ratio also seems decent. *NOT A CALL*
NSE:DABURLong
by Traders_Town
2
DABUR ACCUMULATIONVanakkam Makkale,this is VIJAY. Hope you all know that this year going to be a year for accumulation and also enter after the confirmation As per technical Dabur reaching near super demand zone and also fibonacci golden area is there. But i suggest you"ll to read Dabur's fundamental and it's annual report before you're accumulating. This will be useful for the one who already did fundamental analysis but waiting for technical analysis. Thank you for following and comment your thoughts and questions below. Share to your friends and family.😊 Love you Makkale ❤
NSE:DABUR
by trade_withpriceaction