my way of techinical analysis says dabur will touch 555 soon my way of techinical analysis says dabur will touch 555 soon
DABUR trade ideas
Dabur India LTD. Diamond pattern (reversal)Clear Diamond pattern found at the top of a bullish trend, indicating reversal. RSI has also shifted in the bear range.
Dabur forms a falling wedge pattern.
Dabur India forms a falling wedge pattern for quite a long time. The upward or downward direction is yet to be decided by the stock in the coming period. one has to be caution for making fresh position.
DABUR GOING UPDABUR formed head and shoulder pattern went down and now is showing reversal hence it can be considered for LONG.
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.
Descending Triangle PatternTime Frame: 1D, Descending triangle formation Trend: bearish Target Achieved.
DABUR bullish move expectedDabur to be watched for next new days. Looks to be bullish best on following few reasoning
1- support from lower trendline (yelllow)
2 - resistance turned support on horizontal area (yellow)
3 - this makes area of high confluence
4 - look for the breakout above tight trend line (red)
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.
DABURthis stock is in between highly resistance and support zone . this stock should be in your watch list .
Dabur LongI hope you can now see how Dabur represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Dabur India Bullish reversal pattern on weekly chartDabur India has formed a hammer pattern with a long wick on the weekly chart as on Thursday. If the same pattern is maintained on Friday 10/12/2021 then there could be a bullish trend reversal expected which needs to break the previous resistance of Rs.600 and Rs.613 for long-term upper trend.
Dabur FMCG stock make or break level with buy bias trade.Buy above 515 if sustains for 1hr as powerful trendline support and multiple level support. No action range below 515 and 507.85
Simple Trade Setup | DABUR | 10-12-2021 [ INTRADAY]NSE:DABUR
Observations:
1) On 1Day time frame, it has regained the 200DMA and closed above it.
200DMA is placed at 576.08 level.
Level of 575-576 will work as immdiate support now.
Please refer below chart : 1 day Time Frame.
2) Also on 1 day time frame we can see that breakout level is at 583 and immdiate resitance is at 580 level.
Please refer below chart : 1 day Time Frame.
3) On 1hr time frame, we can see that it is forming rounding bottom pattern.
Breakout of it will give good upmove.
Please refer below chart : 1 hr Time Frame.
4) On 15min time frame, we can see that it gave breakout from parallel channel. But it this breakout sustain then we can see the bullish movement.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 10-12-2021
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.
Dabur : TrendLine - Head & Shoulders NSE:DABUR Two major chart patterns at same spot.
It forms Head & shoulders pattern which suggests more fall in the stock. At the same spot, stock is taking major Trendline support.
If it breach the trendline support zone, we can expect good and quick fall in the stock.
But if it takes the support, we have to wait for direction confirmation.
Dabur India For investmentI'm considering Dabur India for investment. as per charts it's near to the 50 ema.
there is possibility it might go further 9-11%. I've started accumulating the stock already.
Will add more at immediate support between 521-497.
Note :This is not a stock recommendation. It's only for educational purpose.
Before taking any position it is advised to consult your financial advisor.
Checkout Dabur for trendline breakoutThe scrip has been in up trend since long.
However H&S chart pattern is formed and is taking support at trend line.
This is a very important zone.
And if it breaks the trend line, scrip can be shorted for TGT of Rs 525
Dabur Looks Bearish #stockstosellDabur has formed Head and Shoulder pattern on the daily time frame and looks bearish. Any one can short below 1st Dec 2021's low.
