DABUR -- Weekly --Bullish Chart pattern setup
TECHNICAL OBSERVATIONS .
1. DABUR seen bullish on weekly chart as chart pattern is higher high Currently .
2. Trendline support and channel support seen , Double bottom made on same support level .
3. CCI divergence seen on chart
4 . Trend reversal doji candle form at channel lower level support .
5. One can initiate Buy at channel support level 530-535 for target 550-580-600 POSITIONAL ( 1-3 ) Month stop loss 475 hourly /daily closing basis
HAPPY TRADING !!
** THI IDEA IS FOR EDUCATIONAL PURPOSE .. ** trade at own risk !
HAPPY TRADING. !
TECHNICAL OBSERVATIONS .
1. DABUR seen bullish on weekly chart as chart pattern is higher high Currently .
2. Trendline support and channel support seen , Double bottom made on same support level .
3. CCI divergence seen on chart
4 . Trend reversal doji candle form at channel lower level support .
5. One can initiate Buy at channel support level 530-535 for target 550-580-600 POSITIONAL ( 1-3 ) Month stop loss 475 hourly /daily closing basis
HAPPY TRADING !!
** THI IDEA IS FOR EDUCATIONAL PURPOSE .. ** trade at own risk !
HAPPY TRADING. !