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DABUR INDIA LTD
Short

SHORT DABUR CMP 464 , TARGET 459, STOPLOSS 466

By Janak_S
Updated
Dabur also has been movingin a downtrend from which it has bounced. From an intra-day perspective it appears as though the bounce is over and the stock is ready for a fall. The RSI is also retracing from overbought levels. It can be shorted at the current price with a target of 359 and thereafter maybe ven lower.
Trade closed: stop reached
Trend Analysis
Janak_S
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