DABUR trade ideas
Bullish on Dabur for target of 600 700Accumulate Dabur for target of 600 700. SL 490 DCB. Repeat this every time it cross above 490.
Dabur India swing + Investment ideaDabur (Swing + Investment)
formed too many bearish reversal candles near resistance but price is not falling & spending time near resistance.
500 level is good support.
above 540 it will blast as it will break the all time high.
we will observe price action near 500 area
Long Position in Dabur for an Life Time HighDabur's trading in a box range since October.
If you observe closely in the box range there are many big Red Engulfing candles and yet the sellers were not able to break the support yet.
It should be kept on the watchlist and wait a reversal candle with volumes.
Breakout Levels above 533-535
Stock Analysis of Dabur.Price - ₹517.15 Dt. - 16-11-2020
From Oct. 1 the price is moving in a range between 506.5 and 535.5. Stock is also taking the support of trendline regularly. Recently on 11th Nov. stock took the support of the trendline. The price has given the close near the 21DEMA and we are expecting the correction near the 510. RSI is neutral.
Dabur India Ltd BuyDobour india about to break trend line. Already double bottom formed near resistance.
DABURNote:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
DABUR - start of bullish channel formation?stock is attempting a bullish channel pattern formation. important resistance level marked
DABUR looks bullishDabur has broken the ascending channel in hourly chart with a gd volume.
#positional
Buy dabur at 522
Tgt: 530, 545+
Sl: 513
Timeframe: 1 weeks
DABURAscending tringle.At resistance consolidation form.First let it breakout n retest.. BUY at retest.
Dabur India #long to join new high rally in short term Dabur India #long to join new high rally
Fundamental and technical reasons to join rally.
- Dabur introduced Edible oil.
- Above all DAM
- Strong buyer support in this level
- last support just broken and made new high.
DaburRSI is showing weakness compared to Price. If price closes below the trend line one can take a short position in Dabur when it retrace back to its trend line.
Sell below: 510.
Target: 478
Stoploss: 530
PS: This is just for information purpose only. One should consult its adviser before taking any delivery and position.
Dabur - Cup and Handle PatternDabur has shown breakout from cup and handle pattern.
CMP = 530
SL = 500
Target = 600
Levels are approximate, as I am planning to enter for long term.
Also, RSI is constantly supported @ 40 levels.
Note - material strictly for educational purposes, do your own risk assessment before entering any financial positions.
If our material is helpful towards making you profitable, please consider donating 1% of your profits towards education of poor children.
Dabur moved as expectedDabur is moving as per our expectations. It may give a chance to go long again after a pull back.
Dabur - Technical BuyBullish Wolfe Wave Formation on Daily Charts - Numbered (1-2-3-4-5)
Target Rs 552
Stop Loss 509.25
