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DABUR INDIA LTD
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DABUR - Ascending Triangle Breakout

Par Abhijit_Paul
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In the Hourly charts of DABUR, we see a clean Ascending triangle breakout with high volumes. Encouraging aspect is the fact that the stock has now managed to break above a crucial price band which acted as a source of support and now resistance. First Fibonacci target is at 350
Trade fermée manuellement
Makes sense to exit this position, as the breakout fizzled out and tested the Apex of the triangle twice with no follow-through buying.
Ascending TrianglebreakoutChart Patternshighvolume
Abhijit_Paul
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