Dabur (Swing + Investment)
formed too many bearish reversal candles near resistance but price is not falling & spending time near resistance.
500 level is good support.
above 540 it will blast as it will break the all time high.
we will observe price action near 500 area
The time has come for dabur. The breakout happened and those who followed me must be in good profits. The stock is set to give more than 15 points. So wait and take informed decision.
this is for educational purpose only.
check out my analysis on dabur posted sep 2.
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...