DABUR trade ideas
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 India limitedCup and Handle pattern in Dabur India limited.
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. - "Investopedia"
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.