DABUR trade ideas
#DABUR WEEKLY CHART VIEW!!#DABUR WEEKLY CHART VIEW!!
The stock price is trading with negative bias and has broken down short term rectangular pattern.
Closing below 500, near weekly low indicates weakness.
Below 490 we can see a dip towards 485-483-480 levels.
On the upside 505-508-510-512-515 are short term resistances.
Between why DABUR forming raising wedge?When the market conditions are at its best wonder why this guy is forming raising wedge pattern? Is something wrong in the company?
Was expecting this to break the resistance for the long time and it is not !!! lets wait for the break either way !!
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