Short Dabur India Positional

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Dabur India is facing major hurdle near 440 levels and has been trading in a vary narrow range. Break out above 440 on weekly basis with flat green candle will take Dabur higher towards its all time high. But basis the current market trend it may see a downfall if it breaks the trend line support. So short Dabur once it breaks the trendline or below 25th low. Trend is developing and it may take time to evolve. Prefer using covered put to hedge your positions.

٢٧ يناير ٢٠١٩

ملاحظة

Disclaimer: Objective of this post is to educate and help all members earn profit from trading. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE/BSE/MCX market basis above recommendations. All the stock picks are momentum picks chosen using technical indicators and for education purpose only. I am not responsible for profit and losses or SEBI audits arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades or trade at your own risk.

٣٠ يناير ٢٠١٩

ملاحظة

Stock has started the southward movement. Keep maintaining the trailing stoploss.

٢ فبراير ٢٠١٩

تم إغلاق الصفقة يدويًا

Half profit was booked at 420 levels on 29th. Rest exited once it broke 440. Overall exited with minimal profit or near about cost.