Dabur might show a strong reversal

7 апр. 2023 г.

Dabur is standing on a strong trendline support and is near its 200 week EMA which also is a strong demand zone.
If the stock gives a breakdown from this levels and subsequently forms a strong bullish candle, it will be an indication of bear trap and we might see a strong rally on the upside.
Currently, the candle formed is bearish and hence, it is wait and watch. Keep this stock on radar.

8 мая 2023 г.

Заметка

Be cautious in this.
Weak Q4 results may lead to a breakdown.

5 июн. 2023 г.

Сделка активна

Stock has reversed by making a bear trap from support and given breakout of trendline.
FMCG sector has outperformed this year so keep this stock in watchlist.