DABUR trade ideas
DABUR INDIA Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
IS DABUR INDIA IN EW 5TH WAVE BULL RID ?CAN WATCH FOR DABUR INDIA SYMMETRICAL TRIANGLE BREAKOUT ...........
TARGETS AND STOP LOSS MENTIONED IN CHART.
THIS IS MY VIEW BUT TRADE AS PER YOUR RESEARCH.
PLEASE GIVE COMMENTS AND SUGGESTIONS ...........
DABUR INDIA LTD.DABUR INDIA LTD.
#DABUR is moving gradually in a downward trending channel.
RSI is neutral.
TT2 trend is BEARISH in 30 mins.
If the price moves out of the channel with Volume and Conviction, the next resistance is 472/475/482 with support at 465.
For the downside, nearby support is 457/448with 465 as resistance.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
Short term targetExpecting short term target of 490 if crosses resistance at 470.
Disclaimer: I am just learning technical analysis, Experts can help and correct me there is any mistake.
DABUR TECHNICAL ANALYSIS.DABUR is forming a symmetrical triangle on the daily chart. Wait for the price to give a breakout.
DABUR LONGAnother symmetric triangle strategy. The stock could possible start a fresh bull rally to breakout of its long term trend channel. The stop loss at 420. Target around 560.
Dabur India, bullishBy using Butterfly strategy, Dabur is bullish.
also slowly Covid cases decreases, i.e. recovery rate increases.
so dabur india go up direction.
Daily MACD show bullish,
14 days RSI 51 , so it also bullish.
dabur target 500+ in july
