In Dabur Daily Doji has been formed with more than average volume present . if tomorrow it downtrend begins than can take short position depending upon trader mindset ( risk taker or averse ) . Dabur has too many level for support and resistance get in fast and get out faster ... big target may be difficult or may test the traders patience.
DABUR - BUY ON DIPS Currently overextended, immediate resistance at 470. Looks like it will consolidate for a while, to relax its overbought readings. Watch price action in the range of 460 to 440 for timing the entry. The said view will be negated below 430 levels.
We are doing Analysis of DABUR on 1 Hour Timeframe. The projected target from the breakout is usually the vertical distance from the low to the upper . Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thankyou Ankur Verma Twitter : Ankurverma3838
Stock can be seen holding 438-440 support from last 6 trading sessions. Prices can be seen trading in a Broadening triangle pattern. Divergence in RSI can also be clearly seen.
Before the technical analysis, Please do like comment and follow. In the hourly time, frame the Ascending triangle is forming. take entry after breaking the resistance of the triangle. wait for the target.
DABUR - BUY @ CMP WITH A SL OF 498.5 AND A TARGET OF 517.7, WHICH SHOULD BE ACHIEVED BY FEBRUARY EXPIRY
Stock: Dabur Looking for Small Correction is there & I may turn to be a big one Cmp: 455.60 {Close} SL:461 Short Below: 453 Expecting : 449-438-432-422
Dabur Ranging most probably slow profit booking and loading/accumulating by market Makers Long Term Bullish Buy in 440-460 (Dips on Range) SL below 400 Target 513 531 546
DABUR (Dabur India Ltd) BUY ABOVE 471
50 Day Colored moving average is green. Sentimental RSI is also green and about to touch the upper green bar. This looks bullish setup. near term target is around 460. Go long on Dabur Happy Trading and Investing !!
be on the bullish side to be in safe refer chart for details
Trade with positive signal. buying zone with Stop loss- 355 target- 400-417
One 3% to 6% up move buy trade possible in Dabur, after closing Above 411... Target:1 425 Target:2 435 Stop loss: 399 (closing)
Gave breakdown Sell below 408 with sl 411 for 403-400
Buy on the pullback. If you know Monk strategy then simply apply it on the chart and you will get your ideal buy zone. All the best