Daburview
Dabur India Ltd | Best Time To BuyHello Everyone I am mr.sardar , Here is my Technical Analysis about Dabur India Ltd. this is the best Time to buy dabur India Ltd share. A strong Bullish Engulfing pattern make in one day chat see my Full analysis .....
This analysis only for Educational purpose.....
Dabur India Ltd : Buy at 536
First Target 570 no Stop loss 🎯
Target will be achieved with in Two months
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 | 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.
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.
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.
Dabur - Cup & Handle pattern breakoutNote: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a bullish Cup & Handle pattern breakout in Dabur with good volume. Moreover, Dabur is performing as compared to Nifty. There seems to be RSI bullish breakout. RSI is at 68 indicates bullish momentum.
SL: ₹560
DABUR 🍯🐝 analysis Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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