Dabur has formed reversal pattern and gave good rally to the upside. Although the Buy setup was not filled due to Gap. Dabur is on now verge of giving Buy Breakout. Enter once you get Candle Close above Cloud and take entry above it. Target would be 61.8 FE and 100 FE Stop loss would be close based KS.
We signaled this at the bottom in November under 100 sats and got beautiful profits in a few weeks to the run towards 600 sats. There is still large upside long term for this coin. Trades like this are why I'm a bottom-up trader, I love overlooked coins that have been downtrending for a while, risk is low as selling pressure is nonexistent since a long term...
A general tide has lifted all the boats and now when it's ebbing, to borrow Mr. Warren Buffet's phrase - we will soon find out who is swimming naked. Many stocks have gone from ridiculous to insane levels and they are bound to come crashing down. Emami Limited's first test will be at 900. That support may not hold during the thick of the things and we are more...
Happy New Year to all. New year has arrived with new opportunities. It is always good to start a new year with profitable note. Our short NIFTY and other selected stocks positions ( via puts of courses ) is well in green and now it looks like the test of solid support levels near 8200 / 8000 is inevitable in coming sessions. Many of the trades we have...
Dabur India Could be a Short if it stays below 307 SL=309.50 TGT 298.00 FYI - SL is strict.. If it gets hit, you still will be alive to play tomorrow
According to Wikipedia Dabur is the fourth largest FMCG ( Fast Moving Consumer Goods ) company. Now the question is, whether it can take on Patanjali to retain / gain market share. Unilever, Nestle and Colgate are already feeling the heat. In our opinion, Patanjali products still have huge room to grow. In that process it will definitely grow by acquiring new...
Top 3 Reasons to Short this one, 1. Bearish AB=CD pattern completion 2. Elliott Waves, 5 impulse waves completed. 3. Bearish Divergence Risk Reward: 1-2
Price is raising up towards our region as expected and I will be going short here with my stops above the double top Not describing in detail bcos market is very near to our zone & we may miss trade chance. Happy trading