Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bullish Cup & Handle pattern breakout in Dabur with good volume. Moreover, Dabur is performing as compared to Nifty. There seems to be RSI bullish breakout. RSI is at 68 indicates bullish momentum. SL: ₹560
DABUR FLAG AND POLE PATTERN BREAKOUT AND CLOSE COMING DAYS 40 POINT MOVE POSSIBLE
Dabur Good Breakout Buy Dabur Closing Price - 566.45 SL - 518 (Weekly Closing Basis) Target - 700
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on HDFC , HINDUNILEVER, INFOSYS , MOTHERSUMI , DLF , BRITANNIA If you like my analysis do like & follow me as a token of appreciation. If you have any queries on...
Buy Dabur At Cmp 560.7 Strict SL - 534 (WCB) Target - 605-610/640
• Descending Triangle formation • One side of the triangle is a 200 Day Exponential Moving Average. • 200 Day Exponential Moving Average is strong support. * Educational Purpose Only * NSE:DABUR
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+....
Note: This is for educational purpose only. There seems to be a bullish engulfing on support of ascending triangle with high volume. There seems to be a RSI bullish breakout as well.