Dabur - the next ITC Dabur - Year high volumes after earnings candle - Bounce from same breakout area - Fmcg sector is bottoming out Longby sidd01022
DABUR - SWING TRADE ON BUY SIDESymbol - DABUR Dabur is currently trading near support zone of 500 - 510. DABUR CMP - 506 I am initiating long positions in April Futures. My SL would be 498 & Targets would be 525 & 540 It may move slow but it should move up from here. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!Longby akshit_officialUpdated 242451
Dabur (NSE) is on the verge of Weekly BreakoutDabur (NSE) is on the verge of Weekly Breakout with good volume. Its been in consolidation For last 3 years. It is in the great position to give the breakout soon. Longby mohitdixit3545
DABUR 1HR- EARN WITH ME DAILY 10K-20K - DABUR Looking good for Downside.. When it break level 556.55 and sustain.. it will go Downside... SELL @556.55 Target 1st 550.95 2ND 545.90 DABUR MAY FUT – LOT 8 (Qty-10000) MINIMUM 10L CAPITAL Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. Shortby Prashant019Updated 3
the triangle is complete Dabur CMP 556 The correction is still not over in this counter. The B leg of the correction is a descending triangle and is now complete. The C leg should start from here. Look at the RSI oscillating between the bear zone 60-65/ 25-35. Further strengthening our case. First target will be 433.Shortby singh17vivek111
Dabur Trendline Breakout TryingHey Family, there is a one more stock Which is showing a great opportunity and forming Descending Triangle Pattern in weekly TF and in daily TF it's trying to breakout trendline, If Stock break's resistance trendline then we can see a good move, let's see breakout sustain or not. What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.by ChartSight7
Dabur Long Term TargetsThis is a Weekly chart. Here are some observations: 1. Price has been in a downtrend since Oct 2021 forming a large cup potentially finishing around Jun 2025 with neckline at ₹650 2. The red trendline still has to be broken to officially get into the uptrend 3. The recent green trendline has been breached following the healthy Quarterly results posted yesterday 4. Price has touched levels of 500 multiple times suggesting it to be a strong support zone 5. Multiple resistance levels on the way up particularly at 565, 600 and 650. All of them can be used as short term targets as well 6. Final target at 800 based on the cup (500 to 650) Growth Drivers: 1. Economy has faced high inflation in recent times reflecting in the downtrend of stock performance 2. Consumer companies are reporting rural uptick in sales 3. Global consensus of rate cuts in 2024/2025 4. India’s growing population and per capita income Verdict: Considering both the macroeconomic factors and the fundamental/technical combination of Dabur, it seems like it has bottomed out at around 500 and is ready for the uptrend likely to hit ₹800 in the coming years. A handle formation is likely at ₹650, so the earnings have to be tracked closely. Happy trading!Longby tej_s9Updated 2216
Dabur India Ltd. Target 820 Upside 53%Basis wave theory: Its making a diagonal triangle in its cycle V, of which it completed primary corrective wave 4 in the week of 23 oct. 23. Its previous cycle wave III was exaggerated at 4.618x, and cycle wave 5 was expected to end at 1x at about 627, it however exceeded that by narrow margin of little over 5% (peak 658). This overshooting, and non completion of pattern in the month of Sep.21, suggests that movement is not yet complete. In current cycle, primary 2 was a zigzag and 4 is a horizontal triangle, fitting theory. Despite two divergences, primary 3 being less than 1.618 and shape being expanding wedge (not a contracting one), I am convinced on the pattern being a diagonal triangle. Many iterations over the waves, fail to convince on a 5-3-5-3-5 wave structure, and all the factors are skewed towards a 3-3-3-3-3 structure, namely concluding wedge. Moreover, completion of a triangle on 26 Oct. 23, confirms that the final wave 5 has started / yet to start (so far, a satisfactory intermediate triangle completion suggests that final wave has started). Final primary wave 5 targets 683, 727 / 812, while cycle V targets 820, a positive confluence. This final wave 5 should take a 3 wave structure ABC (not 5, while internal structure may be 5-3-5). I recall that in very rare cases a diagonal triangle will fail to touch its upper (or lower in bearish case) boundary , in that case, an upward thrust is expected. Post triangle thrust suggests 683 as the target. Completion of wave 4 is also confirmed by time, i.e. wave 3 primary was completed in about 2 years and current bearish / sideways phase also lasted for about 2 years, suggesting and end of bearish / sideways phase. Moreover, shooting far above the cycle trend channel, by all the 4 primaries, suggests shifting of base (inflation effect?) and higher tops than orthodox (even before onset of our dear friend Mr. Corona Virus) Alternative confirmations / disagreements: + Triangle completion on 26 Oct. also made a double bottom (triple, more lavishly) within its local region. + 482-504 is a local demand zone, to which the stock reacted swiftly, it tapped this zone on 26th oct. and bounced (or bouncing) until it reaches supply zone of 600ish levels + The low of 504.1 which it touched on 26th Oct., was also a reactive level of 50% of the swing + starting from May 2019, (to which it had reacted swiftly twice) + PoC of entire bearish move from Sep 21, lies at about 562, and price dipping below VAL ,suggests it should attempt to touch that region again. + Bollinger band width has gained a positive slope after tapping its lift time bottom (a post triangle thrust generally is swift, so rising volatility is a good sign) + Weekly 200 EMA (523) strong rejection in week of 23rd oct and close above it in next week with a bullish candle + MFI returning from oversold zone + OBV tapped below its support levels, suggesting a reversal may be observed. Accu/Dist on a rising trend. + Seems breakout out of Supertrend Sell boundary, with close above it, though with a small body + 2 closes above weekly R1, strong recovery from monthly and quarterly S2s with bullish harami and 2 closes above quarterly S1 (also weekly P). + Barring one occasion in past, whenever it dipped into quarterly S1, a strong rally followed (over weeks), this time its returning from a prominent bruise i.e. dipping below quarterly S2. Macd still bearish, on monthly TF, while on weekly it shows reduction in deceleration (may be its too early stage of reversal, or correction may elongate if this doesn’t prove to be bullish reversal) Monthly RSI not giving any signal (ideally, an oversold would have been good) Monthly, weekly ATR still sloping negative (positive slope would be good) Weekly still under ichimoku cloud, a penetration is expected as the cloud is narrowed. Still below middle line of Donchian channel (maybe its too early stage of reversal) Still below daily 200 EMA of 551 Seems to be approaching its anchored Vwap of 555 (through which it slid rapidly) Break of structure / change of character is not yet observed, so strictly, opening long is not desirable, but am opening long, as the advance may be rapid and may not give good entry points with theoretical pullbacks Fundamentals: + Large institutional brokers have given target of 600+, no sell or reduce ratings by anyone High TTM PEG ratio, though RoE of circa 20% is good to have. + PE of 54 (historical) seems overvalued, however post 2018, 50ish level seems to be good support + Forward two years earnings on growth side, though not very high (supportive of diagonal triangle theory), last two quarterly over 10% YoY growth in operating profit is comforting, maintaining OPM at 20% levels. +++ Low debt , RoA of 12.5% is still very good (though it has fallen compared to past, quarterly improvements overscore this, atleast for the time being) +++ Crisil AAA / A1+ - Top notch + Recent management interaction on how they are planning to improve their brand valuation, suggests that the company has now started taking falling performance seriously and working over it. So, growth may be expected over long run (though in short run, post diagonal, we would know who stays from old investors and who goes out). Fundamentals not repeated here, institutional brokerages have done good job in their reports F&O / Insiders / Bulk / Shareholding / News / Management: Nov Futures at negative basis PCR of OI very high at 1.05 + No insider selling in about 2 years / no block/bulk for almost a year ++ No promoter disposals in last quarters, stays at ~66% and Zero Pledge + MF increased holdings by >1% ( while FIIs reduced by almost same amount) Conclusion : The Stock seems to be fulfilling the prophecies of a diagonal, and a thrust is suggested in high probability. Timelines are either by Aug.24 or by Jan 25 (one of the two) NB – On fundamental side I am still relying heavily on analysts reports, given they are from proven good platforms, am yet to deep dive myself into it. Disclaimer : The contents herein are my personal views, with an objective of seeking views and comments from traders community at TV. Nothing contained herein should be construed as an advice, offer, inducement or encouragement to buy or sell any shares, security, derivatives linked to the security, debt security or any other security of the company mentioned herein. The readers must make their independent assessment and evaluation of the company and its securities, and should take advice from their financial advisors before entering into making any financial decision, without relying on anything contained hereinabove, or views given as addendum or comments hereafter. The author shall not be responsbile or liable, directly or indirectly, for any loss or damage caused to the reader, or any other person or third party, whether pecuniary or otherwise, whether in present or in future. Longby Gjain75Updated 4
Dabur India is Trading At Strong Support ZonePositional Trade #DABUR INDIA BUY @504 For Target @600 Fundamentals is good Currently Trading at Strong SUPPORT ZONE it is purely educational purpose only.Longby RAMJADHAV4743Updated 113
Dabur India range boundfalling because FII cut there stake 1.88 % from Sep to dec quarter. 580 is strong resistant level & 504 is the strong support level if 580 is broken stock may move upside if 504 is broken may go down side it is a narrow range stock still its not touch the R1 and S1 consider if touch the S1 (508) S2 (492) It is just a view, please trade at your own risk. I'm not SEBI registered adviserby johnjen2088Updated 662
Dabur India bullish pennant flag-bullish pennant flag pattern -trading at weekly support S1 -large cap stock - 5th time touching this level and getting reversal this analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.Longby johnjen20880
18% upside in Box TradingDabur India Limited - Well-known company from years Fundamental Study 1. Company is consistently growing (Sales & Profit) 2. Stable margin 3. With growth in population of India the CAGR is 15% 4. Introducing new products Technical Study 1. Price in trading in a range 500 to 600 range 2. Rectangle Pattern Buy Signal When the market sentiment is correct and lastest day high is broken then BUYLongby CA_Nilesh_Purohit5
DABUR Ready for Reversal Trading near support Likely to bounce back This is just an idea Trade or invest at your own risk Longby Trading_Ideaa4
DABUR : Added on to the existing holdingPros: 🌱 Rural Market Focus: Dabur's significant focus on the rural market, which accounts for 40% of their revenues, presents a promising opportunity for long-term growth. As rural demand is expected to pick up in the next few quarters due to better monsoons and improved agricultural produce, Dabur's strong presence in these areas could lead to substantial gains. 🌍 International Expansion: With international business contributing 25% to their revenues, Dabur has ample room for growth through international expansion. Despite currency depreciation posing a challenge, Dabur's commitment to expanding its global footprint signifies its potential to capture market share in diverse geographical regions. 💹 Margin Expansion and Cost Management: Dabur's ability to maintain gross margin expansion and operating margin expansion through effective cost management, despite inflationary pressures on raw materials, showcases the company's resilience and adaptability. This margin expansion could positively impact profitability in the long run. 🛠️ Product Innovation: Dabur's focus on innovation, particularly in the home and personal care segment, positions it as a market leader in providing innovative and high-quality products to consumers. This commitment to innovation not only enhances brand loyalty but also drives revenue growth through the introduction of new offerings. 📉 Despite the reduction in stake by FIIs over the past few quarters, DIIs and institutions have consistently increased their positions. Simultaneously, retailers have been reducing their stake. This pattern indicates a flow of shares from weaker to stronger hands, instilling confidence in the scrip. Cons: 📉 Sluggish Demand Trends: Dabur continues to face sluggish demand trends, particularly in staples, which may hinder immediate revenue growth. The delay in rural demand pickup and uncertainty surrounding volume growth in the near term pose challenges to achieving desired revenue targets. 🥊 Competitive Pressure: Intense competition within the FMCG sector, coupled with pricing pressures and input cost inflation, poses a challenge to Dabur's market positioning and pricing strategies. The need to balance margin growth with volume growth amid competitive pressures may require careful strategic planning. Trading Strategy: 📊 I have added to the existing position, bringing the total holding to 2.5% of the current capital. My target is to achieve a move of approximately 18% to the nearest key inflection level. However, I am also cognizant of the downside risk, which stands at about 7%. 📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations. Longby Sniper-Traders6
Dabur trade setup for swing, Do read description!Dabur is good for the potential upside, you can also check our previous analysis Dabur India are:Net Sales at Rs 3,255.06 crore in December 2023 up 6.96% from Rs. 3,043.17 crore in December 2022. Quarterly Net Profit at Rs. 506.44 crore in December 2023 up 6.41% from Rs. 475.94 crore in December 2022. EBITDA stands at Rs. 795.19 crore in December 2023 up 11.89% from Rs. 710.72 crore in December 2022. Dabur India EPS has increased to Rs. 2.90 in December 2023 from Rs. 2.69 in December 2022.Dabur India shares closed at 539.60 on January 31, 2024 (NSE) and has given -6.25% returns over the last 6 months and -3.25% over the last 12 months. Longby vkfincare09Updated 116
DABURLook for positional buying with TGT 580 & next 620 with SL 485, cmp 523.15, short term swing tradeLongby raajeshpradhan0db0cfcd4f5f4bc92
DABUR : Added on to the positionAn additional position was initiated at approximately the same entry level as the initial one, as the price revisited those levels before reaching the target. This supplementary investment brings the net position size to approximately 2.5% of the net capital. The channel high is earmarked as the profit-taking target, with a potential move of about 22% to reach those levels. Examining the shareholding pattern reveals a nuanced picture: Mutual Funds and DIIs are progressively increasing their stake in the company, while FIIs and retailers are reducing theirs. This mixed sentiment regarding institutional interest in the stock notwithstanding, the optimistic outlook provided by analysts' forecasts and the company's financials provides sufficient grounds to maintain confidence in holding the stock. If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.Longby Sniper-Traders3
DABUR - Weekly AnalysisIn the Weekly Chart of DABUR , we can see that, it can start a bullish momentum. Take a small trade at 540 with SL as 528.Longby JatinManani17173
#DABUR Support & Resistance / 28 Feb 2024Here’s a stock I'm keeping an eye on for the next day's trading. I'm aiming for a 1%+ intraday profit with a flexible stop-loss. The rules are simple - there are two lines marked on the chart that act as support or resistance, depending on where the price opens. When the price touches or crosses either line, from any direction, for the first time, I decide whether to buy or sell at or near the line based on six simple indicators + order book confirmations. If no trade is taken, the chart becomes invalid. I won't go into details about indicators because they are to be interpreted and change depending on the market. For example, an RSI of 40 means different things in a bull, bear, or choppy market. It's all about looking at things relatively; and each trader has their own setup, rules and approach to risk management. Check back after the market closes to see how things went. Sometimes, the price might not touch those lines for a day or more. You have to remain patient. Disclaimer: Trading and investing carry risks, and you should consult with a qualified financial professional before making any investment decisions. Any charts or patterns mentioned are for educational purposes only and do not guarantee future results. Past performance is not indicative of future performance. Always conduct your own research and consider your risk tolerance before engaging in any trading activities.by QUANTECHNICALUpdated 2
Dabur looking good at current levelDabur looking good at current support level after continuous falling for 5 days, expecting short covering as market is rallied so much and expecting a correction in market and in that types of market FMCG stocks do well so expecting sector rotation to FMCG for few days Longby ashishgoswami17063
#DaburNSE:DABUR Pole and Flag pattern Pattern kicks in above 573 590-5 seems to be resistance. Longby vinucool35Updated 2
DABUR (BO with volume)DABUR is moving aggressively for a breakout. Moving out of this triangle will lead to another high. NOTE: I'm not a SEBI REG. Study before investing.by tradingcults3