DABUR is in BUY for LONG target of 460, the upper band Resistance and if 2 daily closing comes above 440 then target of 460 is open, 440 is the temporary Resistance that DABUR might face, On the lower band the interim support is placed at 417 and final support at 409. Please trade cautiously and consult your financial adviser before trading. Can also join our...
A close above 820 would be a bullish sign.
Further i believe that the Raymond is in clear downtrend and it fails to hold above 715 levels in coming weeks then we will see it testing 620/550 levels within this financial year.
Please do your own research before taking any investment decision.
I think the dow is in a strong bullmarket – superordinate. It seems that wave 4 (purple in brackets) has completet it‘s mission already and ended as a triangle.
But: On the short term, I see a possibility to short it. Startpoint: red box. Endpoint: green box.
So the green box then is the startpoint of the long call....
The price is fixed above the psychological level of 1.4 at the moment. So we expect further growth of our pair.
It has overcame the resistance level and had been over the upper boundary of the triangle. Therefore, we will expect further price advance up to approximately the level of 1.42 from which a price correction is possible.