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...
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...
NSE:DABUR Observations: 1) On 1 day time frame, it gave close above 21DMA, but still trading below 200DMA. Please refer below chart : 1 day Time Frame. 2) On 1 day time frame, we can see it has made double bottom pattern and if this patterns gets activated then we can see an upmove. Breakout level is 573. Also it is near to the upper trendline of the...
NSE:DABUR Observations: 1) On 1day time frame,it is still trading below 200DMA. It made rounding bottom formation as well and immediate breakout range is 570-572 level. It may come till 200DMA to test it. If it gives sustainable breakout of this 200DMA then it will be bullish in upcoming days. 200DMA is placed at 579.13, hence we can say major resistance...
NSE:DABUR Most of all the levels and Trade setup remains same as per previous. Trade Setup for Date: 15-12-2021 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,...
NSE:DABUR Observations: 1) On 1Day time frame, it has regained the 200DMA and closed above it. 200DMA is placed at 576.08 level. Level of 575-576 will work as immdiate support now. Please refer below chart : 1 day Time Frame. 2) Also on 1 day time frame we can see that breakout level is at 583 and immdiate resitance is at 580 level. Please refer...
NSE:DABUR Observations: 1) On 1HR time frame,seems like it is completing the cup and handle pattern. IF this pattern gets activated then it will be quick buy trade. Immediate breakout level is 620 and major breakout level is 630. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 17-11-2021 1)...
NSE:DABUR Observations: 1) On daily time frame, it took support from 21DMA and bounce from it. 21DMA is placed at 600.85 level. We can say that 600 level is major support. Please refer below chart : 1 day Time Frame. 2) On 1hr time frame, we can see that it is making cup and handle pattern. Breakout level is 610 level and major breakout level is 620...