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Karu142

Dabur ready for breaout

Long
DABUR INDIA LTD (NSE:DABUR)  
Karu142 Updated   
NSE:DABUR   DABUR INDIA LTD
Triangle Support and Resistance DABUR LONG monthlybreakout
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triangle supportandresistance dabur long monthlybreakout
Dabur is ready for a breakout if closes above 510. Go long with target as 580 with 490 as stop loss.

Refer chart for further details.
Trade active:
If today's closing is above 510...then we may see 580 in coming weeks.
Go long with stop loss of 480
Comment:
Dabur ready for another upmove...it should not close below 518
Comment:
I think retrancment is over now....it closed above its monthly resistnce and now this will act as support for it....we may see 550-580 levels in coming weeks
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