Dabur - Cup & Handle breakoutBreakout supported with high volumes.
Swing trade opportunity to initiate long position on retracement.
CMP: 590
Short term target of 620-628 can be foreseen.
DABUR trade ideas
Strong Breakout A good breakout of the CHANNEL PATTERN with the good VOLUME.
It is an YEARLY breakout.
Go LONG with the strong STOPLOSS.
Dabur looking bearish for a whileDabur looking bearish for a while
1. RSI showing negative diversions
2. At dynamic resistance daily/weekly time frame
3. made double top pattern
4. Touching BB upper line on daily time frame
4. daily candle is red rejection candle if tomorrow it dint gap up or break yesterdays high it may take a dip
In august might be see down fall for daburIn august might be see down fall for Dabur, as u can clearly trend is started as bearish with treandlines
DABUR AS ON 03.08.2021A GOOD CONFIRMATORY CALL FROM MACD,AND RSI CROSSING 60 !!
A CUP AND HANDLE WAS ALSO FORMED FEW DAYS BACK AND TODAY SHARE REACHED TO HIS TARGET AFTER CUP AND HANDLE!!
TARGET=4-5%
STOP LOSS= GO WITH TRAILING STOP LOSS
(ABOVE ANALYSIS IS ONLY FOR STUDY PURPOSE DO NOT TAKE IT AS ANY BUY OR SELL CALL)
Dabur Long Term Bullish TradeDabur Long Term Bullish Trade - Investment
It should be Long term trade. Exit only when Weekly MA(14) breaks or Stop Loss of Rs 555 hits.
Stocks to trade on 14Jul2021Dabur after slow and steady up movement now it turned to a downtrend.
As following trade with the trend it is respecting a trendline.
It may take support at 583 and go up again.
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 -- Channel pattern breakoutDabur has given a good breakout. Since 2018 it in channel pattern.
Important levels : 1st target 603 and then 738 and stop loss is 583.
Dabur Multi month Breakout Dabur pattern breakout and all time high
rsi also good
Volumes are also good.
Retest Done.
DABUR can be short DABUR can be short RSI giving negative diversion and rejection from daily time frame channel ressitance.
