Shanmuga_Sundaram_R

BUY DABUR - Channel support level for min 5% target

Long
NSE:DABUR   DABUR INDIA LTD
It is being traded well in a channel for life life time. It gave a break out few months back and again returned to the channel. Now it is trading at its channel support level . Hence it would be the good buy at this level 525-530 for the short term return of 550/560 and mid term return of 635/700( yes 700 as it would be reach post break out ).

Strick STOP LOSS level of 520, as in monthly chart it seems to be going down towards 480 level.

Note: It is just my opinion and not a recommendation or promise.
Trade closed: target reached
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