Dabur now trading at support level and making W patter. Good to go long above 526
R1: 530.46 R2: 532.03 R3: 533.59 R4: 535.15
S1: 521.09 S2: 519.53 S3: 517.96 S4: 516.40
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now its FMCG turn to perform
looking bullish if do not break 508 level tomorrow
soon 514 ,528
gud trade for swing it should show some bullish move with high volume
last trading volume shows buying interest ...here one can go for option of march with keep strict SL
Dabur just closed above pre covid level in weekly chart. Next week is very important for Dabur. If Dabur close above 541 for two days , simple buy.
RSI also ready to trend line break out but wait for confirmation.
Else didn't sustain above 541, so it is still respecting channel pattern and it can fall.
we are hitting the resistance again and now try to move higher
we need weekly close above this resistance for the long setup
we will wait for good bounce and big bullish candle and than enter in this trade. till than watch the movement