Dabur: Resistance Zone !

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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?


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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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breakoutChart PatternsDABURFMCGHarmonic PatternsinvestmentSymmetrical TriangleTrend Analysis

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