DABUR trade ideas
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*
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
BUYING SIDE DABURHello guys i had find this trading setup which is forming inverse head and shoulder pattern on trendline support we have a good buying opportunity with swing low sl and tg at near resistance also plzz do your own analysis before taking any trading decision if you like my trade plzz do like follow and share and dont forget to do comment thank you god bless you
DABUR GIVING OPPORTUNITY TO ENTERthere is nothing much to discuss, lets keep the chart as simple & clean.
retracement move is over, as MORNING STAR in GOLDEN ZONE , third touch in the same zone is added advantage to our analysis.
You can simply either enter the trade keeping stop loss slight below 0.618fib.
No need of any EMA/MA/RSI/MACD in the CHART.
DABUR IDEA TO WHETHER SELL OR BUY WHICH IS SUITABLE?Best zone to sell 620 - 640 levels
Best zone to buy 560- 570 levels.
Now price near daily trendline and also response to 65ema close.now bounceback levels.
monday sector positive then we expect bounceback.otherwise it will goes to 588 levels.now dabur wait and watch suitable trade