Dabur India range bound
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falling because FII cut there stake 1.88 % from Sep to dec quarter.
580 is strong resistant level & 504 is the strong support level
if 580 is broken stock may move upside
if 504 is broken may go down side
it is a narrow range stock still its not touch the R1 and S1
consider if touch the S1 (508) S2 (492)
It is just a view, please trade at your own risk. I'm not SEBI registered adviser
580 is strong resistant level & 504 is the strong support level
if 580 is broken stock may move upside
if 504 is broken may go down side
it is a narrow range stock still its not touch the R1 and S1
consider if touch the S1 (508) S2 (492)
It is just a view, please trade at your own risk. I'm not SEBI registered adviser
Nota
S1 brokenhammer candle formed so the selling trend may get reversal. but if selling continues stock may fall further because, descending triangle bottom line has broken.
Nota
- falling wedge pattern in uptrend- reversal candle formed
- may consider if buy candle open above this candle.
Nota
trading at weekly pivot s1
Penafian
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