DABUR INDIA LTD (NSE: DABUR) | Triangle Breakout with Volume Surge
Daily Chart Analysis | July 7, 2025
Technical Highlights:
🔹 Accumulation Zone followed by a classic Spring — indicating smart money entry.
🔹 Symmetrical Triangle Formation observed over the last few months.
🔹 Today’s strong breakout candle on high volume confirms a bullish breakout from the triangle.
🔹 Immediate support at ₹475.
🔹 Price is now trading above the 30-day SMA — trend reversal confirmation.
Target Projections:
🎯 Target 1: ₹550
🎯 Target 2: ₹620
This setup offers a favorable risk-to-reward opportunity for swing traders. Watch for sustained volume and follow-through price action in Lower time frame (1Hr).
💡 Disclaimer: This is not financial advice. Please do your own analysis before investing.
Daily Chart Analysis | July 7, 2025
Technical Highlights:
🔹 Accumulation Zone followed by a classic Spring — indicating smart money entry.
🔹 Symmetrical Triangle Formation observed over the last few months.
🔹 Today’s strong breakout candle on high volume confirms a bullish breakout from the triangle.
🔹 Immediate support at ₹475.
🔹 Price is now trading above the 30-day SMA — trend reversal confirmation.
Target Projections:
🎯 Target 1: ₹550
🎯 Target 2: ₹620
This setup offers a favorable risk-to-reward opportunity for swing traders. Watch for sustained volume and follow-through price action in Lower time frame (1Hr).
💡 Disclaimer: This is not financial advice. Please do your own analysis before investing.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.