Dabur - Coming out of Accumulation soon!

Actualizado
The volume on the bearish candle was concerning but the Bulls absorbed all the supply and hence the next candle was a hammer. The price is in a range/accumulation phase. An ambush entry can be taken with the previous low as a stop loss. A safer entry can be taken after the break of the range on the upside.

Targets: 547, 562, 578.

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Nota
Going as expected. Trying to consolidate the gains.

imagen
Nota
Target 1 Reached
Nota
Target 2 reached. ✅✅

6% up till now. 🚀
Nota
All targets reached. ✅✅

9% gain in 2 weeks. :)
Chart PatternsDABURdaburindiadaburindialtddaburindiasignaldaburlongdaburpredicationTechnical IndicatorsTrend Analysis

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView

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