Not a recommendation but I think it is a good stock and will perform well in the near future. Dabur successfully closed @531.60 and is now Trading at its support level.
Video had the nifty analysis and 2 stocks recommended for the tomorrow
Nifty closed on the bearish and there is no clear direction in the market
Dabur is getting support on 510 and resistance on 570. Dabur after the breakout of 570 Dabur will go long 610 /620.
Dabur has given breakout of multiple trend line, hencce if it sustains above them then it can bes considered for LONG.
DABUR formed head and shoulder pattern went down and now is showing reversal hence it can be considered for LONG.
hello traders today i have done dabur analysis on basis of supply and demand and chart patterns the demand is fresh and we can expect it to reach its supply but if this fails the reason will be volume, the volume is very less and decreasing which is very bad pls feel free to ask anything and correct me happy trading to you.
Dabur is moving as per our expectations. It may give a chance to go long again after a pull back.
Educational Purpose.
Buy(H4 Breakout) If in Dabur, the 1st Candle which touches the H4 ie around 462.4 and its next candle is also Bullish and closed above H4 then enter on BUY side around 462.4 with Target around H5 (464.3) and Stop Loss around H3 (461.25). Buy (L3 reversal) If Price action is around L3 levels are not able to go below then look for Trend reversal candles. See the...
If you are using a black theme as I usually use, You need to use this chart. If you are using a light theme like all other normal people, You need to use this chart. ================================== Be it Harmonic Pattern or a Price Action Pattern. It is good to have an indicator backing our initial theory to weed out more false positives. But all...