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.
Target on chart.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
DABUR IS AT A VERY GOOD LEVEL FOR BUYING. DO THE REFER THE CHARTS FOR THE DETAILS AND FOLLOW IF YOU FIND MY ANALYSIS ANY HELPFUL. TRADE ONLY IF IT SUSTAINS 500.
I hope you can now see how DABUR represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the...
Note: This is for educational purpose only.
There seems to be a bullish triangle breakout with high volume. RSI above 60 indicates high bullish momentum.
Dabur has confirmed an uptrend with breakout of a long term trend line. This is among the best looking charts of FMCG index, that itself has reversed only a few days back.
A long positions can be taken at current rates, with a stop loss of 458 and for targets 489.
Future OI has been showing long buildup, but option chain is not giving desired confidence at...
