DABUR BUY or SELL
The idea here is to check long term resistance. As stock already pulled back from its resistance level, and still trying to break it with some volume but couldn't. In long term scenario, its the sign of a possible breakout in near future. It could be in coming weeks.
There is a short term trend which also provide support to price but if it breaks, then there could be a slight down trend. And it might stay for short period of time. In that case its the best strategy to BUY at every dip.
Chart is 1D bar chart, so if breakout happen then it might give atleast 25-30 percent return in coming months.
NOTE: This is just for educational purpose only. Please consult your financial advisor before placing trades.
There is a short term trend which also provide support to price but if it breaks, then there could be a slight down trend. And it might stay for short period of time. In that case its the best strategy to BUY at every dip.
Chart is 1D bar chart, so if breakout happen then it might give atleast 25-30 percent return in coming months.
NOTE: This is just for educational purpose only. Please consult your financial advisor before placing trades.
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