Daburindia
Dabur making Bullish Flag ?If 582 level will Break with Good Volume Confirmation and candle Close Above this Resistance Then We can buy for Swing Trade.
-> Always Enter With good confirmation & Maintain proper Risk Reward.
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DABUR 🍯🐝 analysis Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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#77 DABUR - DAB#77 (GENIE IDEAS): 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.I HAVE LINKED MY PREVIOUS POSTS ON DABUR BELOW .
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Dabur India : short duration Positional long Trade ideaAs on Daily time frame Dabur stock price is at support on an up trending channel with a higher low, we may see a stock price gain up to previous swing high as 1st Target.
So Trade execution will be as follows :-
Long Entry (Positional Buy) @ or above ₹545
Stop Loss (in case of loss - Sell @ or just below ₹533
Target 1 : ₹575
Trailing Stop Loss : with 5 period simple moving average or at target if prices took residence at Target 1
Risk : Reward : 1:2.5
Disclaimer :- This post is just a educational study on trading idea & not a Trade Recommendation. Please do your own analysis and RESPECT STOP LOSS if you take Real Trade on this stock idea.
Dabur - Coming out of Accumulation soon!The volume on the bearish candle was concerning but the Bulls absorbed all the supply and hence the next candle was a hammer. The price is in a range/accumulation phase. An ambush entry can be taken with the previous low as a stop loss. A safer entry can be taken after the break of the range on the upside.
Targets: 547, 562, 578.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.