DABUR
Simple Trade Setup | DABUR | 18-04-2022 [INTRADAY]NSE:DABUR
Observations:
1) On 1day time frame, we can see resistance channel.
If it gives breakout of this channel then we can see a good up move.
Also level 560 is immediate breakout level.
Please refer below chart : 1day time frame.
2) On 15min time frame, we can see short term support channel and long term resistance channel.
Please refer below chart : 15min time frame.
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Trade Setup for 18-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
DABUR LONGDabur 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 analyze charts yourself and then decide to take any trades.
Buy Setup with Good Risk/Reward #Dabur has been trending in uptrend for a while and after a small consolidation and profit booking its ready to resume its uptrend once again.
Buy #Dabur between 618-20 with SL 610 for targets 632-35. Hold it till 635 and when it closes above 635, then add more for new targets of 660-70 and 700.
For educational purpose only. All disclaimers apply.
DABUR LONG INTRADAY 20 SEP,2021Dear trader,
If u look at the chart of DABUR (analysis based intraday only) the DABUR Buy at 650 and Target at 665
Best Buy at 647.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
Dabur looking bearish for a whileDabur looking bearish for a while
1. RSI showing negative diversions
2. At dynamic resistance daily/weekly time frame
3. made double top pattern
4. Touching BB upper line on daily time frame
4. daily candle is red rejection candle if tomorrow it dint gap up or break yesterdays high it may take a dip
Dabur broken the channel support and will be trending down.Dabur has broken the channel support and closed below. Now the immediate support is around 592 followed by 584 and finally 576. So for the coming days it will be in downtrend unless it closes above the W high 605.
Note: This is only for informational purpose and not for trading purpose.
NSE:DABUR
DABUR LONG INTRADAY 3 JUNE,2021Dear trader,
If u look at the chart of NIFTY (analysis based intraday only) the DABUR Buy at 540 and Target at 550
Best Buy at 535.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.