DABUR trade ideas
DABUR Long opportunityNSE:DABUR
Stock -> Dabur
TimeFrame -> Weekly
Hello all!
Dabur has been moving in a channel since March 2018. It came back to its lower trendline in June 2022, bounced back, and broke trendline 1 with good volumes. This we believe makes for a good opportunity to go long.
There are other reasons which strengthen our conviction:
1) The lower trendline from which the scrip bounced back off of also coincides with the strong 200 EMA.
2) The breakout of trendline 1 happened with good volumes.
3) Stock took a bounce from its golden Fibonacci zone (between 50% and 61.8%) not shown here to avoid confusion.
Risk-averse traders can wait for closing above the Resistance zone. Although accumulation in small quantities can be done. The Risk-Reward ratio also seems decent.
*NOT A CALL*
Dabur - Likely Up moveDabur is showing sign of up-move which is in line with the recent performance by FMCG sector. Its relative strength against nifty is on positive trend and also divergence spotted in price vs RSI. The risk reward is also favorable as I would take entry if todays high is broken with stop loss of recent low.
DABUR India - Potential longs at 25% correctionThis stock has corrected ~25% in the last few years before another leg up. This time around is approx. 25% correction from the top. Could be a good stock to add some positions in?
This is not an investment advice. Please do your own research and due diligence before investing.
this time is very good for long in dabur india ltd.so i public .here is a long position can create in dabur india ltd. so i public this chart i am not sebi resitered so good luck in dabur.
target k liye top ko choose kiya h. this idea is for long term position in dabur so wait till top of dabur india ltd.
bottem out formation ban chuka h.
Rounding Bottom in FormingStock Of Month
Dabur
CMP- 519
Target - 550-570
A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements.
DABUR ACCUMULATIONVanakkam Makkale,this is VIJAY. Hope you all know that this year going to be a year for accumulation and also enter after the confirmation
As per technical Dabur reaching near super demand zone and also fibonacci golden area is there. But i suggest you"ll to read Dabur's fundamental and it's annual report before you're accumulating. This will be useful for the one who already did fundamental analysis but waiting for technical analysis.
Thank you for following and comment your thoughts and questions below.
Share to your friends and family.😊
Love you Makkale ❤
" LONG DABUR " NSE:DABUR
ACCORDING TO PRICE ACTION
If it takes a pullback it is a must buy on higher time frame it can be a swing trade also.
Great suppot on daily time.
Great time to buy Dabur.
A short target of 515 can be seen in 15 min time frame according to price action .
This can also a swing trade upto 570 in view of long term .
This is for educational purpose.