Dabur – Multi time frame analysis…

In the lower time frame(15 minutes), the price has formed a descending triangle, and now it is giving a breakout. In the daily time frame, we can see two patterns. Bear flag(bearish pattern) and ascending channel breakdown. https://www.tradingview.com/x/dJg15Ra0/ As per the daily chart, we can see the resistance is around 461 – 464. Sell below 455 with the stop loss of 459 for the targets 451, 447, 442 and 438. The price can have a pullback towards the 464 zone. Watch how the price is showing strength at 454 and 462 before taking any trade.