LOOK WHAT I FOUND IN DABUR.Company has a great potential to grow you just have to get an entry point and some patience and you will be definitely rewarded
DABUR trade ideas
Short Term TargetsBuy Dabur around 503 to 506
Targets 511/514
Stop Loss 500
#NSE call
*Disclaimer : I just shared my view. Please trade with your own and comfortable views.
DABUR (CHART OF THE WEEK.)Dabur has been forming a beautiful triangle and for me it is the chart of the week. Even though others have made some beautiful patterns, Dabur for some reason i like more than others.
A breach might not come soon (And i can be dead wrong) but it is surely worth tracking.
A breach on either side of the triangle should give some good price action.
DABUR Long(Intraday) (1 hour candles)The stock is in good upward momentum and crossed 500.
It was seen consolidating at the imp psychological level of 500 for 2 days and formed a horizontal consolidation area right there.
Today it was seen breaking out of the consolidation and hence can be expected to go and test previous high of 520.
ENTRY - 503-505
SL- 499
TARGET - 520
RISK:REWARD - 1:3
Dabur - Break of 500 resistanceThanks for coming to this update.
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Dabur had been making an ascending triangle on the daily chart and has broken towards the upside.
The upside breakout came with more volume than average for the past few sessions but not very substantial, thus I would be a bit careful I decide to go long (both from positional or intraday perspective).
This could also be a trap for retail traders.
Next level of resistance:
R1 - 516
R2 - 524
Support region:
S1 - 590
S2 - 580
Please note: These are my views and not trading advice. Please consult your financial adviser before making any trading decision.
“If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.” - Bill Lipschutz
Low risk entry Forming inside bar at trend line and key moving averages
Buy above 491
SL 460
Target 525 and if close above that, fresh breakout
Dabur India Ltd. - WEEKLY CHART VIEW!!#DABUR
Dabur India Ltd.
Short term negativity intact after broken down 5 MA: 500.
Technically short term momentum clearly weak, lower side below 480 may increase negative momentum further.
Sustainable trading above 505 may try to test 520- 525 -530 on the upside.
DABUR -- INTRADAY TRADING SETUP FOR 26 AUG 2020 1 THIS IS FOR ONIY EDUCATION
2 WHEN TREND LINE BREAK TAKE ENTRY
T1 495.5 T2 498.5 T3 503.5
SL 485.5
Shorting opportunity in Dabur based on Wave principleI started learning the wave principle in April 2020. Since then I traded stocks through Paper Trading and got good results. This has motivated me to publish my idea publicly for the first time. I am still learning and improving and also open to learn from other individuals.
I see Flat pattern forming on a daily chart. I am predicting that price will go down and Wave C will be formed. I believe that it will be a good shorting opportunity if the price moves below 465 - 470 level (around wave (4) of wave (B)). The target in this setup would be around 425 - 430 (around (A))
