this stock is trading in the channel,
A strong buying pressure is observed in this stock at 500 levels.
we have a chance of breakout in this stock.I will give an update again if this gives breakout or downside.
until keep this watch mode. Sell at trendline and buy at bottom line.
This FMCG stock is spotted completing a complex triple three(WXYXZ)correction to a prior leading diagonal wave 1 that it had developed between October-Dec.2023.
The stock has made a 50% retracement of the 'wave 1' rise during the complex correction in the past three weeks.
Now that the corrective wave is nearing its end(or already ended), the stock should be...
Dabur - Elliott Wave Count
The market has begun the bullish after the wolfewave with the target of 650 and above. its suggested to wait for correction to take long position for a good price. wave E should be the SL for the long trade.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:DABUR ...
Hello traders,
Today we are going to look at NSE:DABUR stock. We have two sided opportunities in this stock. We can do short selling and take long position . Short selling means my suggested first entry is from 540.00 to 549.00. The second entry is 558.00 to 567.00.
Now if we want to take long entry we can buy this stock from 517.50 to 522.
Trade...
My positionally upside idea on NSE:DABUR . It will be best to take entry at the level of 544 with Stop Loss of 525 (19 points).
My expected target will be 553, 563 & 585.
Note: This is my personal analysis, only for learning. Thanks.
NSE:DABUR has retest its weekly 50% retracement, now my view is to take entry for the level of 552
My entry point is 524, target will be 552 (28 points)
Exit level is 516 (only 8 points)
Note: This is my personal analysis, only for learning.
Thanks.
Dabur forming a double bottom pattern.
Good buying opportunity in this stock
It is good to buy calls for next month once it breaks the above resistance
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please...
Stock Analysis: Dabur has broken falling channel and retest done, it is good buy around current level with below demand zone as stop loss for the given target.
let's see
Happy Investing!
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.
