Trade ideas
Dabur target 570Strength and delivery. Trade above 5 month resistance. Volume buildup. PE selling active. CE covering on.
Dabur view 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.
Price getting rejected at the resistance. CautionI am seeing price getting rejected at the resistance in daily time frame followed by an indecision candle. Longs need to be cautioned.
No trade planned until decision candle shows up.
DABURI'm not an expert I'm just sharing my views on DABUR for next trading day
I'm not responsible for any profit or loss this is not a recommendation
Dabur stay cautious.. before jumping on longsDabur on weekly chart, broke off the triangle formation. Immediate support at 490.
Above 530 can be freshbreakout !!
DABUR Disclaimer: Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. I am not liable for any losses or damages you may incur—this means that you alone are responsible for your actions in any trading or investing activities.
DABUR looking bullish, can touch 535 in short termDABUR looking bullish, can touch 535 in short term
Dabur - Intraday / Swing Trade SetupDabur CMP - 513.80
Looking bullish in higher time frame. One can go for Intraday / Swing Term Trade setup with the following entry, exit & targets
Buy at or Above 518 / Stop Loss 511
Target 1 - 523
Target 2 - 528
Target 3 - 532
Disclaimer: This is my view and for educational purpose only.
Dabur - A range break out # Dabur (10/12/2020)
> Out of consolidation zone (Range B/O)
> Got support at 65 DMA and closed above 50DMA
> Closed above Monthly Pivot
> TGT (522 - 530 - 550 - 575 - 585) SL 495 (CLB)
Dabur - CMP 511.9.Dabur- CMP 511.9 RSI crossed resistance zone and MACD line is also crossing signal line and it is going up even on correction day. Its run will continue. This is for educational purpose only.
Dabur - Tripple TopDabur broken neckline of tripple top and strugging at neckline since last few adays. If break support then a fall can be expected till next supports. Targets on chart...
DABURI'm not an expert I'm just sharing my views on DABUR for next trading day
I'm not responsible for any profit or loss this is not a recommendation
DABUR at the verge of BreakdownDABUR has tested the current levels multiple times and stands at the verge of a possible breakdown of its long term support line. Consolidation between 505 and 535 possibly local distribution phase. Saying with 80% conviction:
Sell below 505, SL above 520
Targets 490, 478
DABUR at the verge of BreakdownDABUR has tested the current levels multiple times and stands at the verge of a possible breakdown of its long term support line. Consolidation between 505 and 535 possibly local distribution phase. Saying with 80% conviction:
Sell below 505, SL above 520; Target 1 490, Target 2 478.
DABUR LONGDABUR
CMP 518
Ascending triangle breakout candidate on daily charts
Support 505
TARGET 550 600+
