DABUR trade ideas
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))
DaburNSE:DABUR
If it holds 500(with a spike towards 497-498) but closing above 500
Then we can see 527
I am long with sl below 495
Low risk trade
Will update levels
once closes above 510 zone
DABUR NSE:DABUR
YOU CAN CHECK PREVIOUS CHARTS OF DABUR WHERE IN 465-468 WERE SUGGESTED SUPPORTS AND FROM THERE IT HAS SHOWN UPMOVE, WHICH MIGHT TAKE A HALT.
PROFIT BOOKING ZONE - THERE MIGHT BE REVERSAL FROM 518 AND AROUND 525 TILL 509, 503, 496
UPMOVE - IF IT CLOSES ABOVE 525 AND SUSTAINS, GET READY FOR SOME GOOD MOVE
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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R-0122 Short Term Cash Buy DABUR @510.40-513.4 SL 501.7 TGT 531Short Term Cash Buy DABUR @510.40-513.4 SL 501.7 TGT 531
MACD cross over + TK cross over => bullish sign
Huge Volume spike + Breakout in Cup and Handle PatternI see kind of Cup and Handle pattern breakout with huge volume.
Dabur_Long CallDate: 13 July 2020
Dabur (CMP 484.50)
Ascending Triangle Pattern Breakout. Target 532
PCR=0.35. Max Call Option (4.13 lacs) at 500 strike price
RSI=67
Increasing volumes.
Price has sustained above its 200 DEMA in the last 10 trading sessions
Target: T1- 495, T2- 513, T3- 532; SL- 460
dabur has broken an imp trendline
a clear buy above 503
will buy one lot future nd will sell otm cals and puts at same time
Dabur - ShortDabur had Wolfe wave on hourly chart and now it completed Bearish Gartley on daily chart. Excatly at Potential Reversal Zone. Also at Supply zone which confirm shorting dabur ... Targets on chart
Stop Loss above 525 and for safe trader above 500
daburlooks like dabur is in an uptrend, maybe will retrace a bit and then again on the upper side. let's see #my_opinion
Can we test upper boundary of triangle line!NSE:DABUR
RSI POWER SIGNALS
TRIANGLE + DIVERGENCE + RANGE SHIFT
Dabur IndiaTHe Chart is firming up though the clear buy not arrived but defintely worth to watch for as well some trading as long as it stays above EMA5
DABUR - Double Breakout - Long SetupNSE:DABUR had a breakout from bull flag as well as resistance zone.
Buy on dips advised. Levels for reference shown.
DABURFMCG are in upmove and Dabur has resumed the uptrend, seems moving 478-480 levels beyond which 495 are the levels. sl can be 458
