Dabur Good Candidate for Swing/Long Trade with Flag Pattern Form
Hi Swing/Long Trader,
Dabur Good Candidate for Swing/Long Trade with strong Point or observation in chart as follows
Consolidation for 2 week above 200 DMA .
200 DMA act as strong support.
RSI bounce back from 60 Level mean Bullish momentum to continue.
CCI Indicator moved above zero mark & making higher high mean Bullish Momentum to continue.
Price moved Up with Good Volume above 20 day average was seen
Refer for chart for more detail.
Target can be 470 + in coming week with strict stop loss of below 200 DMA
Dabur Good Candidate for Swing/Long Trade with strong Point or observation in chart as follows
- Flag Pattern Formation.
Consolidation for 2 week above 200 DMA .
200 DMA act as strong support.
RSI bounce back from 60 Level mean Bullish momentum to continue.
CCI Indicator moved above zero mark & making higher high mean Bullish Momentum to continue.
Price moved Up with Good Volume above 20 day average was seen
Refer for chart for more detail.
Target can be 470 + in coming week with strict stop loss of below 200 DMA