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Daburshort

DABUR trading in very Strong Resistance Zone ! Dabur is currently trading and very strong resistance area that it faced over the past year, had to wait and see if it breaks above that resistance area and thus giving us the opportunity to trade long in dabur. Else if follows the same pattern as doing for the past year stock might retraces back thus giving us opportunity to go short. for trading ideas one can wait for the breakout of the black trendline for entering long and enter short below red trendline.
NSE:DABUR
by Akashyadav92
Dabur - Pull back trading (Remember the past)Dabur has a history of giving pullback traders very good oppurtunity to enter. any breakout in dabur will be followed by a pullback. Traders can take long positions once the trend confirmed or think of entering early if you are a risk taker. Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward and quantity management for the 100% of the times The above mentioned idea may not work, so beware of the risk you are taking Follow me to Learn and Earn with me. Happy Trading!!
NSE:DABURLong
by FAHEEMSAM