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DABUR

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
DABUR Long opportunityNSE:DABUR Stock -> Dabur TimeFrame -> Weekly Hello all! Dabur has been traveling in a channel since May 2017. It is now again at the lower end of the trendline and thus it makes for a good opportunity to go long from here! There are multiple other factors apart from the usual price action: 1) Stock is in its support zone. 2) Stock has taken a bounce off of its weekly 200 EMA. 3) Stock has bounced off of its golden Fibonacci zone (not shown here as that would make the chart too complicated). The Reward to Risk ratio also seems to be good. *NOT A CALL*
NSE:DABURLong
by Traders_Town
Simple Trade Setup | DABUR | 04-04-2022 [INTRADAY]NSE:DABUR Observations: 1) On 1 day time frame it has made double bottom. And it near long term resistance channel. Please refer below chart : 1day time frame. ------------------------------------- Trade Setup for 04-04-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:DABUR
by Trading_hawk
Simple Trade Setup | DABUR | 28-02-2022 [INTRADAY]NSE:DABUR Observations: 1) On 1day time frame, we can see resistance channel. It has been keep on taking resistance from this channel. Please refer below chart : 1day Time Frame. 2) Also On 1day time frame, we can see it is in process to make double bottom formation. If it tries to complete formation then we can see up move in short term, till the neckline of this "W" / Double Bottom pattern till 570 level. Please refer below chart : 1 hr Time Frame. ------------------------------------- Trade Setup for 28-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:DABUR
by Trading_hawk