DABUR Long(Intraday) (1 hour candles)

By N_339922
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
Chart PatternsTrend Analysis

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