Dabur Good Candidate for Swing/Long Trade with Flag Pattern Form

2019년 8월 7일

Hi Swing/Long Trader,

Dabur Good Candidate for Swing/Long Trade with strong Point or observation in chart as follows

• Flag Pattern Formation.
  

*Consolidation for 2 week above 200 DMA .

*200 DMA act as strong support.

*RSI bounce back from 60 Level mean Bullish momentum to continue.

*CCI Indicator moved above zero mark & making higher high mean Bullish Momentum to continue.

*Price moved Up with Good Volume above 20 day average was seen

Refer for chart for more detail.
Target can be 470 + in coming week with strict stop loss of below 200 DMA