DABUR trade ideas
Trading Idea | DABUR Dabur the FMCG stock is trading at All Time High and on Technical front stock is looking strong in Mid Term View. Stock has broken a Rising Trendline on weekly chart which was facing resistance. Stock is broken this 2.5 Year Trendline Range and well Trading above it since 2 weeks with good volume.
One can look to Buy dips in Dabur around 560 to 540 Zone for Target price of 605 and 625. Stoploss should be kept at 532 below closing.
Trading Idea : DABUR Buy 540 to 560 (cmp571) Stoploss 532 Target 605 -625
DABUR 1D analysiswe've already analysed Dabur on 4th of April but for some reasons it didn't go public
But now it has performed according to our analysis and it has decisively broken the pattern
It might retrace a bit before it makes new highs
for some reasons we are unable to paste the previous analysis link
we've spotted this stock at 538 after the break of the trendline
I'm not a SEBI certified analyst, This analysis is solely for educational purposes.