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Inverse head and Shoulder pattern in DABUR for target of 534+

Long
DABUR INDIA LTD (NSE:DABUR)  
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NSE:DABUR   DABUR INDIA LTD
Support and Resistance Head and Shoulders Technical Indicators DABUR daburanalysis Inverse Head and Shoulders swingtrading priceaction
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supportandresistance headandshoulders indicator dabur daburanalysis inverseheadandshoulders swingtrading priceaction
Bullish inverse head and shoulder pattern in Dabur and this will breakout above 515. If breakout happened it will ready to target of 534+ in 1-2 trading session. After breakout possible, it will show some breakout correction from 519 to breakout level. Breakout level becomes support after the breakout and it will bounce back towards the target from 515 to 534+.

The good entry point for this trade is at 515 but if want to wait for correction then can take entry above 519 after correction.

Possible Trade:
Buy DABUR above 515
Stop-loss - 508
Target 534+

Trade chiuso: obiettivo raggiunto
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