Shredskin
Long

Buy After a consolidation

NSE:DABUR   DABUR INDIA LTD
Dabur seems to be in the C wave which means it could go back to the previous highs. Now it can either shoot up straight from current levels or consolidate first and then go high. The highlighted consolidation can repeat itself -in the opposite direction- which can give a good risk/reward than from current levels. Watch out for a consolidation and IF it happens, a breakout buy to the up side should be ideal risk- reward.
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