DABUR trade ideas
Dabur - Coming out of Accumulation soon!The volume on the bearish candle was concerning but the Bulls absorbed all the supply and hence the next candle was a hammer. The price is in a range/accumulation phase. An ambush entry can be taken with the previous low as a stop loss. A safer entry can be taken after the break of the range on the upside.
Targets: 547, 562, 578.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
DABUR LtdBuy Above ₹540
(P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.)
Dabur - failed Head and shoulder pattern- bullish ?Why I took long ?
Failed head and shoulder pattern - this can move the stock up for sometime
Multiple support formed and respected making Higher highs
Cheers :D
Dabur-Longtime consolidating between 500-540If it breaks and close below 534 then one can easily take short entry by keep SL-551.
Target- 526, 516, 500,493
Swing opportunity in DaburGo Long above 544.4 for Targets of 559.25, 574.1 with SL 529.55
Reasons to go Long :
1. If we draw Fibonacci Retracement from recent swing low (Point A) to recent swing high (Point B) on a 1 Day chart we see the stock is taking support of 0.618 Fibonacci level.
2. Around 0.618 Fibonacci level, we can see that the stock is forming double bottom (W pattern) which is bullish.
3. In addition to this the stock gave trendline breakout.
LONG ON DABUR INDIAHii Alll
There good buy opportunity in Dabur India with 60 % retracement in Dabur India
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Multiple Touches, Head and Shoulder Formation.Details on Chart
Note: This analysis is only for educational purpose.
Dabur - Better Positioned in the All Time High MarketDabur is better choice for low POSITIVE return in the All Time High Market environment.
Ascending triangle this is DABUR chart in 1hr time frame, forming a ascending triangle pattern. Breakout on any side can give a good move for intraday. Intraday levels are shown in the chart.
Dabur for educationBuy - 520 or 500, target - 560 or 580
In mid term.
Only for education purpose, keep on your watchlist or radar.
Buy Dabur Long Dabur above 538 SL 525 TGT 575-580 . Stock trading in the range & expected to touch the upper trendline. Good risk to reward trade. This is for your educational purpose only.
