AmitModi_

AmitModi_

Looking at a monthly timeframe we can see a major trendline starting from year 2020 has been broken. Further on daily timeframe, clear head and shoulder pattern has formed. Looking at this I suggest if someone is holding shares in Bank nifty stocks Should consider, either Booking Profit, loss or exit when they can. Please suggest if I’m wrong….

AmitModi_

Dabur’s price is holding above a strong support level around ₹560, with RSI showing recovery from oversold conditions and the MACD signalling a potential bullish crossover. Combined with the stock nearing the lower boundary of a rising channel, these factors suggest a potential upside, making a long position favorable.

AmitModi_

Perfect Sideways trend. Go Long for easy 3 to 7 % ROI. Please note idea is based on technical analysis.

AmitModi_

Be careful as it's following all those steps it took to be where it is now. Feels like bearish move will still continue. Be cautious.