DABUR trade ideas
All Time High Mega Breakout in DaburAll Time High Mega Breakout in weekly chart of Dabur company. The script was continuous compounder in the past for more than 15 years but the stock has rise and fall in the recent four years e.g. 2016, 2017, 2019 and 2020 (Due to corona). These corrections due to weak financial growth in the last four years in terms of revenue and profit but expected good results in the coming two or three quarters due to corona related immunity booster products. My First Trade Target is 640 and second 720 with stop loss of 440-450. Time Frame from 3 months to 12 months.
Dabur is showing strengthThe analysis is given on the chart
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I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
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.
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.
