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Pro-Setups

DABUR - BUY on Weekly Inside Bar breakout above Rs. 466

DABUR INDIA LTD (NSE:DABUR)  
Pro-Setups  
NSE:DABUR   DABUR INDIA LTD
Chart Patterns Triangle Inside Bar
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chartpattern triangle insidebar
Dabur had made a Weekly Inside Bars pattern last week, with decreasing volumes. At the same time, it is also making a symmetrical triangle pattern. A breakout on either side can be big! However, since it currently trending up, I will be happier taking a LONG trade on a breakout above Rs. 466, in continuation of the prior uptrend.
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