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!
Daburtrend
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.
If this analysis was useful to you, please like it, follow me for such analysis and and let me know what you think about this analysis in the comment box below.
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 | 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.
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.
DABUR : 15 TFDABUR forming descending triangle pattern.
Keep Eye on it for any side position. if sustain at this level and find any bullish candle, good to enter with a small SL.
Breaching the support line, we may see a good fall. Take trade accordinlgy.
This is my personal view only and for educational purpose.
Simple Trade Setup | DABUR | 05-10-2021 [INTRADAY]NSE:DABUR
Observations:
1) On 1 day time frame, it took support from 50DMA. And gave good up move.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 05-10-2021:
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 respsective level considering how price action works near that level.
Simple Trade Setup | DABUR | 08-09-2021NSE:DABUR
Observations:
1)On daily time frame, it made shooting star candle. This is kind of a bearish suggestion that it will start bearish trend now. But only if it trades below today's low. Which is 635.40 so we can consider 635 level.
If it fails to hold 635 level tomorrow and breakdown and trade below 635 then we can see bearish move tomorrow in DABUR.
Please refer below chart : Daily time frame.
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Trade Setup for Date 08-09-2021:
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.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
WHAT WOULD BE DABUR UPCOMING MOVE?We tried to predict the upcoming move for Dabur India, it may go to retest the highs of the wedge and come down to the lower yellow line.
We would try to update the idea and let's see how it unfolds.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | DABUR | 18-08-2021NSE:DABUR
Observations:
1) On Daily Time Frame, Finally it took support from 21DMA and show good up move.
2) On Daily Time Frame, Now it closed above both 21DMA and 50DMA and took support from both 21DMA and 50DMA in past 2 days.
Please refer Chart below: daily time frame.
3) On 1 hour time frame it has made rounding bottom pattern and closed near the breakout line level which is at 597 level.
Please refer Chart below: 1 hour time frame.
4) On 15min Time frame it is trading in ascending channel since 11th Aug 2021.
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Trade Setup for Date 18-08-2021:
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 target w.r.t price action working near that level tomorrow.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | DABUR | 16-08-2021NSE:DABUR
On Daily Time Frame it took good support and made reversal from 50DMA. And closed just at 21DMA on daily time frame.
Please refer below chart.
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Simple Trade Setup for 16-08-2021.
1) If it opens gap up in range of 590 and goes down and takes support from 588 or 585 then it will be a buy trade entry. But avoid trading in first 15-20 min to judge.
2) If it open flat at the same as 588 level and goes down and take support from 585 then it will be a buy trade entry. But if it break down 585 level then it will be sell trade entry.
But after opening at 588 level and it goes up and faces resistance then it will be quick sell trade till 585.
3) If it open between 585-588 range then if it breaks either side of the level then it will be a trade on that side. If it break down 585 then it will be sell trade and if it break 588 level then it will be a buy trade.
4) Now if it opens below the trendline and breaks the trendline in early 10min then don't chase, let it get down to test it and if it find the support from the trendline then it will be a buy trade and if the breakdown the trendline then take sell trade as per the level and considering other points mentioned above.
Note that all these levels will work as support, resistance, entry and target w.r.t price action on Monday, 16-08-2021. So if any of these levels works as resistance on Monday then from that level it will be short trade and vice-versa.
I hope I made it easy to understand it.
Do comment your doubt or suggestion.
All the best for next trading session.
Enjoy your weekend.