DABUR trade ideas
DABUR for SWING tradePosted Dividends recently and good and positive price action seen. Retracement seen from ATH.
Above 600 good upmove can be seen in this stock.
Also stock taking food support at 200ema at hourly time frame.
Entry, Exit and SL shared on the chart.
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.
-------------------------------------
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.
BUY DABUR ABOVE 605Dabur is looking Good Buy above 605 for the marked targets on chart.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Dabur India - Support taken at Daily 200 EMAGo long with this script. Multiple support taken at daily 200 EMA, trendline. Very stable stock to add in long term portfolio.
Positional idea on DaburPositional idea on Dabur
For details see the video
For details see the video
Pure price action
Swing Opportunity in DaburGo Long above 598.05 for Targets of 613.65, 629.25 and 644.85 with SL 582.45
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5 Fibonacci level.
3. Also there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
DaburChart says everything........................................................................... ..
dabur bullish butterfly - 4hrs
see chart
may reach 606,625
negation below 574
Educational purpose only. This is not a recommendation -
Inspired by - Trading Mirror telugu
Morning star pattern !!Stock has formed simple morning star pattern on weekly chart.
Key levels and results update mentioned on chart.
Kindly do your analysis before initiating trade.
dabur swing trade 1- 2 quarters analysed on 1 nov 2021should go long
1. imp trend line since corona fall
2. already 10% correction in the stock
3. fundamentally strong company which breaks its high very consequently within a year
Dabur longDabur taking support and is consolidating on the support. The desired target could be 10% from CMP.
Dabur buy above 632Dabur trading in a channel in weekly chart , buy when daily candle closes above 632, with stop loss of 578 closing basis of daily candle , with a target of 680
Dabut looking excellent , after fall , took support Dabut looking excellent , after fall , took support and ready to fly up . Volume activity visisble and fall reverted by strong hammer.
DABUR Long opportunityNSE:DABUR
Hello All!
Dabur has been trading in a channel and respecting the lower trendline since the covid crash. It is now back on the lower trendline which generates a good opportunity to go long!
There are four major reasons supporting this:
1) Stock is taking support from its 200 daily EMA.
2)Stock is near its 50 Weelkly EMA
3)It's forming a bullish pin bar at the 61.8% fib level
4) It's in a strong support zone.
Thus there is a strong confluence. Plus the Reward to Risk ratio is great!
Do let me know your views on this!!
*NOT A CALL*
For Educational Purpose OnlyThis is the chart of Dabur in Daily TF
And this is for who has build there portfolio for Swing
Entry 581
Sl 570
Tgt 1st 615
Tgt 2nd 654
Important Note: I am just sharing my view. Trade at your own risk
Dabur buy above 584condition
Market sentiment must be positive
It must open below given price for good target
DABUR GO FOR LONG ON POSITION | BULLISHDABUR POSITIONAL ENTRY 580 ABOVE TARGET OF 626 / 646 STOPLOSS 560, HOLD FOR 2 WEEKS OF TIME
INTRADAY TRADE FOR DABUR Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical AnalysisIntraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
Intraday Trade For Dabur
with Technical Analysis
