DABUR trade ideas
DABUR INDIA LTD - Ascending Triangle BreakoutTarget on chart.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
Breakout for Dabur India above 514Breakout above 514 will give good movement in the stock
Since 2018,stock has been stage 1 form of accumalution.
Rest all mention in the chart.
Disclaimer:This is for educational purpose only.
Look extremely good for further upside:Look extremely good for further upside:
It is moving in ascending triangle pattern. One can enter above 520 with confirmation on daily charts closing. Looks really good for further upside. SL could be 480 and possible upside could be 600/700.
can dabur break multitime tested resistance ?if break 516 and close 15 min candle
then buy
with sl 505
DABUR - SWING TRADE - NEAR THE BREAKOUT POINT514 is an important level for the stock, as it seems from the chart. So look out for a breakout.....
Look at the charts and make an informed decision.
Thank You
Happy Trading
Beware of risk involved in stock market and this is for educational purpose only.
Dabur ready for breaoutDabur is ready for a breakout if closes above 510. Go long with target as 580 with 490 as stop loss.
Refer chart for further details.
Worth Keeping a watchMight give either side move.
However making a ascending triangle in higher time frame, giving preference on long side!
Weekly levels (28 september to 02 October 2020) - DABURweekly levels for 28 september to 02 October 2020
Double top in dabur A double top formation happening in Dabur India, risk-reward looks very favorable the stock will definitely try to touch the channel support before resuming its upward rally again. wait for the neckline breakout, before initiating any short positions.
Trade accordingly.
DABUR is Making Descending Triangle Pattern (Breakout Trade)Dabur : Fast-Moving Consumer Goods Company ( NSE:DABUR ) is Making Descending Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
Keep a close watch on DABURNSE:DABUR
Hi Traders,
Keep a close watch on Dabur. It is developing support around 490-92.
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