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Daburlong

TRADE_SETUP_DABUR 10% MOVE IS STARTING NOW!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 expected to make a ''U-turn" from current levels and should attempt to move towards the INR 580 mark in coming weeks/months. INR 520 can be used as an "SL" on the downside. At current levels, the stocks offers an attractive risk reward of 1:5 for a short term trade. Note*- Views are based on personal opinions/observations. Please do your own research before making any trading/investing decisions.
NSE:DABURLong
by neeraj_2_sharma
DABUR INDIA LTD 15mins both long and short entriesHello 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 according to your risk management Thanks & Regards, Alpha Trading Station Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
NSE:DABURLong
by AlphaTradingStation