Its been observed on daily chart that DABUR india is facing resistance at 280 levels.
Also, this is 50% retrace level from last year January, showing resistance.
A SELL can be initiated below 270 for target of 260.
TP - 260
SL - 280 on closing basis.
*Chart are published for learning purpose*
Trade not initiated yet. Sell below 270.
Trade not initiated yet. Risk takers can take short here with strict SL of 380.5.
10th consecutive day, Dabur is facing serious selling pressure between 280-282.
16/01/2017... Its back to the 278-280 levels. Interesting to see the battle between Bulls and Bears.