DABUR - LONG TRADE IN FUTURESSymbol - DABUR
DABUR is currently trading at 522
I'm seeing a trading opportunity on buy side.
Buying DABUR Futures at 522
I will add more long position at 510, if comes.
Holding with SL of 503
Targets I'm expecting are 542 - 560 & above.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Daburpredication
Dabur is going to break the supply or demand trendline tomorrow.DABUR is currently trading above the demand zone and between the supply and demand trendlines. selling volume is getting dried.
We should expect bullish movement up till the next supply zone if the supply trendline breaks.
However, if the demand trendline is broken, we might anticipate downward movement.
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for volume analysis "Wave Volume Divergence" Indicator has been used.
Simple Trade Setup | DABUR | 04-04-2022 [INTRADAY]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.
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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 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 exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | DABUR | 28-02-2022 [INTRADAY]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 neckline of this "W" / Double Bottom pattern till 570 level.
Please refer below chart : 1 hr Time Frame.
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Trade Setup for 28-02-2022
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 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 exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
DABUR SWING TRENDDabur India Limited is the fourth largest FMCG Company in India with Revenues of over Rs. 9,500 Crore & Market Capitalization of over Rs 100,000 Crore. Building on a legacy of quality and experience of over 137 years, Dabur is today India’s most trusted name and the world’s largest Ayurvedic and Natural Health Care Company with a portfolio of over 250 Herbal/Ayurvedic products.
Known as the 'Custodian of Ayurveda', Dabur marries age-old traditional wisdom with modern-day Science to develop products for consumers across generations and geographies. Dabur's FMCG portfolio today includes 8 Power Brands with distinct brand identities -- Dabur Chyawanprash, Dabur Honey, Dabur PudinHara, Dabur Lal Tail and Dabur Honitus in the Healthcare space; Dabur Amla and Dabur Red Paste in the Personal Care category; and Réal in the Food & Beverages category. In addition, Vatika is an International Power Brand.
Dabur today operates in key consumer product categories like Hair Care, Oral Care, Health Care, Skin Care, Home Care and Foods. The ayurvedic company has a wide distribution network, covering 6.7 million retail outlets with a high penetration in both urban and rural markets.
Dabur's products also have huge presence in the overseas markets and are today available in over 120 countries across the globe. Its brands are highly popular in the Middle East, SAARC countries, Africa, US, Europe and Russia. Dabur's overseas revenue today accounts for over 27% of the total turnover.
The 137-year-old ayurvedic company, promoted by the Burman family, started operating in 1884 as an Ayurvedic medicines company. From its humble beginnings in the bylanes of Calcutta, Dabur India Ltd has come a long way today to become one of the biggest Indian-owned consumer goods companies with the largest herbal and natural product portfolio in the world. Overall, Dabur has successfully transformed itself from being a family-run business to become a professionally managed enterprise. What sets Dabur apart from the crowd is its ability to change ahead of others and to always set new standards in corporate governance & innovation.
Dabur also recommends various Ayurvedic Home Remedies formulated using ayurvedic plants & herbs which are natural & chemical free.
Also read about
What is Ayurveda ?
Ayurvedic Body Types
Surya Namaskar Steps
Prakriti Test
Simple Trade Setup | DABUR | 31-12-2021[INTRADAY]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 resistance channel.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 31-12-2021
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, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | DABUR | 24-12-2021 [ INTRADAY]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 is at 580 level range.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, we can see that it is trading in rising parallel channel. And it is taking support from the the bottom trendline of it.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 24-12-2021
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, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | DABUR | 15-12-2021 [INTRADAY]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, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Dabur LongI 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Simple Trade Setup | DABUR | 10-12-2021 [ INTRADAY]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 below chart : 1 day Time Frame.
3) On 1hr time frame, we can see that it is forming rounding bottom pattern.
Breakout of it will give good upmove.
Please refer below chart : 1 hr Time Frame.
4) On 15min time frame, we can see that it gave breakout from parallel channel. But it this breakout sustain then we can see the bullish movement.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 10-12-2021
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, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | DABUR | 17-11-2021 [ INTRADAY]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.
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Trade Setup for Date: 17-11-2021
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 exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | DABUR | 11-11-2021 [ INTRADAY]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 level.
Please refer below chart : 1hr Time Frame.
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Trade Setup for Date 11-11-2021:
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 exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.