TradingSutra

DABUR: Cup & Handle Bullish Breakout

Long
NSE:DABUR   DABUR INDIA LTD
Classic cup & handle formation on daily time frame , with a breakout above the neckline of 579. One should buy the stock on cmp i.e. 585 & add on dips . Maintaining a SL of 562 target for the region of 612 as a first tgt & 640 for the second tgt.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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