Dabur : Weakest Charts among FMCG
Dabur is clearly trading in a range bound manner.
And looks like it we are about to breach the 460 lvls in coming few weeks, following an ABC corrective pattern.
MACD is also clearly unable to break on upside and is range bound and pushing downwards.
Looking for a short around 490-510 lvls in coming days with sl at 517.
And looks like it we are about to breach the 460 lvls in coming few weeks, following an ABC corrective pattern.
MACD is also clearly unable to break on upside and is range bound and pushing downwards.
Looking for a short around 490-510 lvls in coming days with sl at 517.
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