GETTING READY FOR BREAKOUT STOCK IN PERFECT UPTREND AND GETTING READY TO BREAK THE RESISTANCE AND MAKE NEW HIGH
CAN CREATE LONG WHEN IT BREAKS RESISTANCE LEVEL
NOTE:FOR EDUCATIONAL PURPOSE ONLY.
DABUR trade ideas
Trading near All Time High !!Price trading near all time high, rejecting from 520 levels for the last 9 months and price trying to break this level at the beginning of this month and failed to hold the momentum. Hope it will once again try and succeed, keep an eye on it.
Dabur India Ascending triangle patternConsolidation at its all time high a critical point for dabur_india
Trade only after a breakout
DABUR INDIA LTDDabur India LTD rejecting from the pattern top.
Retest done.
Expecting to move down to the pattern support.
[Intraday] Dabur Formed bullish flag pattern in the daily chart and also forming the ascending triangle in 15min time frame.
Buy above- 530
Target 1- 534.5
SL- 527
DABUR - 1HRDABUR - 1HR - Long , Trading in Triangle Formation , we can see , very good moment once its breaks either side.
Weekly levels (19 to 23 october 2020) - DABURLONG BIAS - as long as 500 level is defended, bullish on the stock. Festive season in mind.
INTRADAY LEVELS Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.
Dabur intra day tradeDabur strong pull back taken from the support level of 505. Buy above 517 TGT 525-530-532 SL 509 Swing traders can use trailing SL.
TRACK CLOSELY , GO LONG ONLY IF CROSSES 535 LEVELIT IS IN STRONG ZONE . RSI BULLISH AS WELL AS A STRONG ASENDING TRIANGLE FORMATION GIVES BULLISH BIAS .WAIT FOR BREAKOUT RESISTANCE, AND A CANDLE MUST CLOSE ABOVE RESISTANCE LEVEL.HAPPY TRADING & HAPPY LEARNING .
DABUR 15-MINTS CHART PATTERN Buy when break up side
or
sell when Break down side
Its already break upside in daily time frame so i am bullish for Dabur
simple and easy trading
