DrDavinderChechi

All Time High Mega Breakout in Dabur

Long
NSE:DABUR   DABUR INDIA LTD
All Time High Mega Breakout in weekly chart of Dabur company. The script was continuous compounder in the past for more than 15 years but the stock has rise and fall in the recent four years e.g. 2016, 2017, 2019 and 2020 (Due to corona). These corrections due to weak financial growth in the last four years in terms of revenue and profit but expected good results in the coming two or three quarters due to corona related immunity booster products. My First Trade Target is 640 and second 720 with stop loss of 440-450. Time Frame from 3 months to 12 months.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.