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,...
Dabur
1. Closed above both 21EMA and 65EMA
2. Consolidation is done.
3. Buy above the previous high (SL Previous day Low - 0.5%)
4. Expected TGTs are on the chart
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.
-------------------------------------
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...
Dabur India gave the breakout and looking a good buy for upper marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Dabur has been trading in Linear Regression since March 2020. Recently it has dipped below 2nd Std Deviation and has bounced back inside the Channel signaling buying opportunity with an SL at 550 and target of 620 and above.
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...
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...
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...
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...
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.
-------------------------------------
Trade Setup for Date: 17-11-2021
1)...
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...
DABUR 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.
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.
-------------------------------------
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...
NSE: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.
...
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
![DABUR: Simple Trade Setup | DABUR | 04-04-2022 [INTRADAY]](https://s3.tradingview.com/x/Xa5IvVZz_mid.png "Simple Trade Setup | DABUR | 04-04-2022 [INTRADAY]")
![DABUR: Simple Trade Setup | DABUR | 31-12-2021[INTRADAY]](https://s3.tradingview.com/s/SI5uEFDP_mid.png "Simple Trade Setup | DABUR | 31-12-2021[INTRADAY]")
![DABUR: Simple Trade Setup | DABUR | 24-12-2021 [ INTRADAY]](https://s3.tradingview.com/0/0XiUqEOO_mid.png "Simple Trade Setup | DABUR | 24-12-2021 [ INTRADAY]")
![DABUR: Simple Trade Setup | DABUR | 10-12-2021 [ INTRADAY]](https://s3.tradingview.com/z/Z1d1zrd8_mid.png "Simple Trade Setup | DABUR | 10-12-2021 [ INTRADAY]")
![DABUR: Simple Trade Setup | DABUR | 17-11-2021 [ INTRADAY]](https://s3.tradingview.com/3/3NSxLkt5_mid.png "Simple Trade Setup | DABUR | 17-11-2021 [ INTRADAY]")
![DABUR: Simple Trade Setup | DABUR | 11-11-2021 [ INTRADAY]](https://s3.tradingview.com/j/jh1RChVE_mid.png "Simple Trade Setup | DABUR | 11-11-2021 [ INTRADAY]")
![DABUR: Simple Trade Setup | DABUR | 05-10-2021 [INTRADAY]](https://s3.tradingview.com/m/MLMy8fW7_mid.png "Simple Trade Setup | DABUR | 05-10-2021 [INTRADAY]")
