DABUR INDIA LTD

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Potential Swing Long: Dabur

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Dabur is near a major support zone, it has respected this level from 2020.
Waiting for a dead cat bounce from the support level.
Once the downtrend line is broken and price gives a positive close above it we can initiate a long i.e 515 level.
Early Entry can be initiated with a strict SL, if a bear traps occurs below accumulation phase we can increase quantity.

Note: This is just for analysis purpose, please do your own research before punching any orders.

🔍 For more technical analysis and trade setups, make sure to follow me on TradingView

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Also find the sector analysis link for FMCG:

Potential Long Sector Turnaround - Nifty FMCG

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Trading ditutup: target tercapai

Dabur Formed a double bottom structure, Its getting prepared for the next move

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