DABUR trade ideas
[Positional] Dabur Compression BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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Dabur might breakout shortlyDabus id treading between the range for a long time. It might break out shortly
#DABUR WEELY CHART VIEW!!#DABUR WEELY CHART VIEW!!
Dabur India Ltd. The stock price had increased negative bias and closed very near to weekly low.
More down-side below 500 may increase negative bias further. As of now 525-545- 555 are must maintain as strong probable upside immediate resistances.
Dabur India Double top price may plunge till 516 after gbreakoutDabur India Double top price may plunge till 516 after breakout
Dabur looks weak.Rising wedge pattern as marked by white lines.
RSI divergence also seen.
Every time Dabur tries to make a new high, it gets rejected. Since almost a year it is struggling to make proper new life high. since last 3 life highs volumes are decreasing for every life high.
look at the highs marked highs, rejection after every 3 to 5% move from highs.
only volumes are not supportive for shorting, but still i would avoid longs, even it makes a big move on upside will avoid and look at other FMCG stocks. checke link attach for good move in colpal.
Best buy for short termThis stock has good support around 523 level. Buy around 525 to 530.
Targets 540/550
Disclaimer : I just shares my view. Please trade with your own and comfortable ideas.
♉🐂M bullish on fmcg sectors right now dabur is at imp support of month and day ...very crucial point from where if it broke 493 will b on chart
Idealy it should take support from here again go for fresh rally till 552 buy above 427 sl 426
T1 535 , t2 540 , t3 545, t4 550
One can accumulate this here for long if 527 level sustained tommorw
Dabur - Trade Accordingly525 - 535 is no trade zone
Sustain below 525 can take Dabur to 495 levels
Sustain above 535 can take Dabur to 565 leves
Volume confirmation required
#dabur # positionaldabur gave breakout and consolidating in day frame. Can it move further to reach 600 levels in short time.
BearishIf did not cross 540 with green hammer or any 🐂 candle , likely to fall for short term
Fibo retracement shows trend reverse on 15 min chart if falls 535 will be touched
DABUR | Reversal Trade with minimum risk and higher rewardNSE:DABUR SELL Entry - 550.20
Stoploss - 555.65
Target - 542
Dabur out of supply zone between 516-536positional long positions can be taken for target of 565-585 fib levels
Dabur India Broke out of channel!!!Dabur was travelling in a channel since a while. It broke out the channel on 11th of Jan, retested and again broke out today with nice volumes. Plan your trades according to your risk profile.
