Cloud bottom provided the support and now price will try to bounce back and breakout of the cloud. Targets in green line, Stoploss in red. Please do your own research before investing. This is not a trade advice.
Looking very bearish on charts. we will short it as per the analysis.
Incase it dips below the buy zone we will recommend to buy more and average out your holding position. please do your own research before investing.
we will open a trade at different buying levels with a mid term timeframe.
we will open a position after it breaks the first green line and will use green line as a stoploss.
We will wait for it to cool off and come in our expected price range.
Looks like it will retract a bit before trying to enter the clouds. Once it enters the cloud and breaches it it will see some good growth. will update the charts as price action develops.
It will be interesting play in coming days. Either it will test the cloud and fail to breach it or will breach it for a bullish uptrend. Trade accordingly. Please do your own research before investing.
You can open a trade with 411 as a target and then trade as per the chart setup. 421 is the major resistance once it breaks it i expect it to test 460/495 and higher targets subsequently.
Dabur is looking good for now staying above the clouds. I expect it to test the higher targets before a pull back as RSI needs to cool down on all the time frames. will quit the trade around 31 july and will enter as per the fundamental updates.