TheChartereds

Dabur: Resistance Zone !

TheChartereds Aktualisiert   
NSE:DABUR   DABUR INDIA LTD
Hey There,

- Like always, The chart is self-explanatory.
- We saw a triangle breakout which happened very close to a crucial resistance zone that acted like one.
- This is one previous support that turned crucial resistance
- Previously, the price has fallen 3 times after testing this level. The fourth time's a charm?
- We see a good consolidation at the resistance zone since the breakout
- MARICO sustained similar consolidation to fly high whereas HINDUNILVR failed to break it.

- What will DABUR do?


Have Insights or Questions? Let us know in the comments below.👇
While you do that, how about a boost for some motivation🚀


⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
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Strong Rebound from the support zone.
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The triangle is broken down. The support is in play:
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