AbhishekHSinghCMT
Long

Dabur- Bang On Target@275- Fall- Fall & Fall & What Next?

NSE:DABUR   DABUR INDIA LTD
115 9 2
What Next?

I will watch this counter above 280 -sustained move can give relief to Dabur             .

Trade active: 06:36 Hrs 23rd Nov2016

Last Price@276

Waiting for 280 to cross

Still holding 280 -once crosses above 280- it could give good upside move.
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
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India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
can i buy this share now?
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@ashokm81, Staying above 275-280 is good for short term which can make Dabur push to 310-320 zone -previous high.
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ashokm81 AbhishekHSinghCMT
@AbhishekHSinghCMT, thanks you Ji
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@ashokm81, Hi, Index likely looks doubtful for bulls in current situation - I will suggest avoiding long positions in Dabur & wait at sidelines to see whether 275-277 it holds if that happens then buy close to it or going under 275 will put Dabur in more pressure. Now going above 290 -will suggest that it's good for short term buy else it is risky because moves are very choppy.
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ashokm81 AbhishekHSinghCMT
@AbhishekHSinghCMT, Thank u champ
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Now in 283 think it will touch 300.
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@piptamil, 275-280 was resistance -which it was not able to take out. Moving above 280 has given nice hope to bulls. Ye, very much possible for 300's
Reply
piptamil AbhishekHSinghCMT
@AbhishekHSinghCMT, Thanks Abhishek.
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@piptamil, Welcome
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