DABUR HOURLY ANALYSIShello traders
today i have done dabur analysis on basis of supply and demand and chart patterns
the demand is fresh and we can expect it to reach its supply
but if this fails the reason will be volume, the volume is very less and decreasing which is very bad
pls feel free to ask anything and correct me
happy trading to you.
Daburindia
Dabur test Supply ???Hi Traders,
Previous SZ Test Keep watch
Kindly Avoid Gap
Don't Enter Before the Structure Test
Simple & best techniques for Trading called S&D Zone easy to understand for making Profitable Trade. Believe Price Action, has the potential to change your trading lives.
Thanks & regards
Sakthi
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or may not take the trade.
#daburindia weekly momentum at bullish support within trendline #daburindia weekly momentum at bullish support within trendline channel
weekly holding within a trendline channel since long
momentum and trend bullish on all timeframes. sector is bullish.
momentum taking support near 60 multiple times on weekly indicating a medium term range shift.
Simple Trade Setup | DABUR | 18-08-2021NSE:DABUR
Observations:
1) On Daily Time Frame, Finally it took support from 21DMA and show good up move.
2) On Daily Time Frame, Now it closed above both 21DMA and 50DMA and took support from both 21DMA and 50DMA in past 2 days.
Please refer Chart below: daily time frame.
3) On 1 hour time frame it has made rounding bottom pattern and closed near the breakout line level which is at 597 level.
Please refer Chart below: 1 hour time frame.
4) On 15min Time frame it is trading in ascending channel since 11th Aug 2021.
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Trade Setup for Date 18-08-2021:
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 target w.r.t price action working near that level tomorrow.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | DABUR | 16-08-2021NSE:DABUR
On Daily Time Frame it took good support and made reversal from 50DMA. And closed just at 21DMA on daily time frame.
Please refer below chart.
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Simple Trade Setup for 16-08-2021.
1) If it opens gap up in range of 590 and goes down and takes support from 588 or 585 then it will be a buy trade entry. But avoid trading in first 15-20 min to judge.
2) If it open flat at the same as 588 level and goes down and take support from 585 then it will be a buy trade entry. But if it break down 585 level then it will be sell trade entry.
But after opening at 588 level and it goes up and faces resistance then it will be quick sell trade till 585.
3) If it open between 585-588 range then if it breaks either side of the level then it will be a trade on that side. If it break down 585 then it will be sell trade and if it break 588 level then it will be a buy trade.
4) Now if it opens below the trendline and breaks the trendline in early 10min then don't chase, let it get down to test it and if it find the support from the trendline then it will be a buy trade and if the breakdown the trendline then take sell trade as per the level and considering other points mentioned above.
Note that all these levels will work as support, resistance, entry and target w.r.t price action on Monday, 16-08-2021. So if any of these levels works as resistance on Monday then from that level it will be short trade and vice-versa.
I hope I made it easy to understand it.
Do comment your doubt or suggestion.
All the best for next trading session.
Enjoy your weekend.
Simple Trade Setup | DABUR | 03-08-2021NSE:DABUR
Tomorrow we may see a good move on either side.
Just follow the level to take the trade.
All the levels will work as support, resistance, entry & exit point with reference to how the price action is working on particular day near to that level.
Comment your doubt or suggestion. My personal view is bullish.
All the best.
📊 Dabur heading towards resistance NSE:DABUR
As one can Dabur can touch that Harmonic PRZ so one can long till those PRZ levels and if find reversal there at that time if one know how to trade on reversal then can short from those levels.
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******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
☄️ DABUR TIME TO ROAR#83 (GENIE IDEAS): THANK YOU FOR 500 FOLLOWERS🐱🏍. I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
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Dabur - Bullish BreakoutDabur India had a bullish breakout from its channel pattern and also it's in an all-time high, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Dabur - Cup & Handle pattern breakoutNote: 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
DaburDabur has given good breakout with good volume intensity
One can go long with mentioned key levels,
All key levels are mentioned in chart along with stoploss and targets
Key levels
Daily time frame chart pattern cup n handle breakout
MACD in Daily uptick
MACD in hourly positive
DMI ADX Daily time frame
DMI ADX Hourly time frame
Upper BBC
Hourly RSI positive
Hourly Stochastic PCO
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing