Dabur : TrendLine - Head & Shoulders

5 בדצמ׳ 2021

DABUR Two major chart patterns at same spot.
It forms Head & shoulders pattern which suggests more fall in the stock. At the same spot, stock is taking major Trendline support.
If it breach the trendline support zone, we can expect good and quick fall in the stock.
But if it takes the support, we have to wait for direction confirmation.