Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
it has good support @450 one may long between 453-454 with sl:450 target:460/465/470 highest OI@ 460 PUT
BUY DABUR 454-455 SL = 451.5 TARGET 1 = 460 TARGET 2 =464 Note : Trading in any financial market is very risky. We post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Long if it breaks the high of the previous day with a stop loss at the previous day's low. Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...
CMP 451 | PRZ 436-438 | SL 432 | T1 446 | T2 453 Chart by @avyaktha on 03-12-2019 Follow us in Telegram channel t.me
Analysis: Sell below 459.10 Targets are 457.3,455.5,453.7,452,450,447.4,446.85,444 SL- 461.7
Dabur is in a trading range since July 2018. On the weekly chart the price is toggling between 470 /364 Stock is facing monthly resistance @ 470-480 levels. Levels of 360 - 400 cannot be ruled out. Price may re-test the top of channel , that should be a opportunity to sell. OI Analysis :- OI has decreased by 3.5 % on friday - 25th which indicates long unwinding.
1.UPWARD CHANNEL BREAKOUT 2.CANDLESTICK PATTERN FORMATION - THREE BLACK CROWS 3.RSI - OVER BOUGHT 4.SEE CHART 5.RISK RATIO 1:5