DABUR trade ideas
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+
ICICI Bank option strategyOne can go long or short above/below levels shown...tgt can be either of support / resistance lines
Dabur - Intraday Trade SetupDabur CMP - 515.00
Looking bullish in shorter time frame but overall trend is down only. One can go for Intraday trade setup with the following entry, exit & targets
Buy at or Above 518 / Stop Loss 510.50
Target 1 - 522
Target 2 - 527
Target 3 – 530
Disclaimer: This is my view and for educational purpose only.
Dabur - Consistently GrowingDabur- has only 3 bad months below 20 Month Moving Average in the last 120 months...!. Quite a consistent month perfomer. Price has doubled in last five years.
Disc: Not a SEBI Registered. I post charts for my own study.
PATTERN SPEAKS ITSELF.Ascending Triangle Breakout on Weekly chart.Buy around 525.Stop loss exit if price gives a close below 500.Target 600+++.I have already entered in to this trade.Let us see what happens.Happy Trading friends.Pls give me your valuable comments.thank you.
Dabur - Intraday / Swing Trade SetupDabur CMP - 511.45
Looking bearish in higher time frame. One can go Intraday / Swing Trade setup with the following entry, exit & targets
Sell at or below 506 - 505 / Stop Loss 512.50
Target 1 - 500
Target 2 - 495
Target 3 – 490 / 485
Disclaimer: This is my view and for educational purpose only.
Dabur- Bullish Flag BreakoutDabur has given a Bullish Flag Breakout with good volumes. Looks good for upward movement - 531/535/540 plus.
Dabur- Breaking Highs with confirmation.Dabur is breaking 52 weeks high and very importantly with a trend continuation Pattern ( FLAG PATTERN ). A continuation pattern near its highs and break with good closing is very interesting.
And as usual volumes which is also giving good signs for this bet to be good.
I hope everyone is learning.
Please let me know your views too. Comment below your analysis and your pick of the stocks too.
Cheers and Happy Trading.
Dabur Price in Ascending Trianglewe 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
R-0224 Dabur break out GO LONG CMP 515 TGT 544/571 SL 4881. Symmetrical Triangle breakout on the daily charts
2. Volumes have gone up along with the price rise in the recent past
3. Stock price has surpassed the previous top resistance of 514.70
4. Long build up is seen in the October series, where OI has gone up more than 15% with price rise of 5.5%
5. ADX indicator crossed –DI line on the upside, indicating starting of a bullish momentum, RSI and MACD are also
showing strength in the current uptrend
6. Considering the technical evidences discussed above, we recommend buying the Dabur October Future at 515-516
and average at 497, for the upside targets of 544 and 571, keeping a stoploss at 488.
