Dabur India Ltd is forming a Reverse Flag Pattern and it is about to give a breakout at 528.
Based on the pattern, one can enter around 528 after the breakout and target can be set around 487 with Stoploss of 540.
This gives us risk to reward ratio of 3.3. Pattern is forming on hourly chart.
Disclaimer:
This idea is only for education purpose, Please consult...
Bitcoin is making a bearish setup by forming a bearish flag pattern in 15m/1h time frame.The flag will give a breakout soon.The 16570 level and the 16339 level are the support levels downward.Keep an eye to the intraday trade and take the right entry.
