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

Long

DABUR INDIA LTD (NSE:DABUR)

NSE:DABUR DABUR INDIA LTD

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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
Growth Director - TradingView India

YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

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Related Ideas

about DABUR 1

Comments

can i buy this share now?

ashokm81

@ashokm81, Staying above 275-280 is good for short term which can make Dabur push to 310-320 zone -previous high.

AbhishekHSinghCMT

@AbhishekHSinghCMT, thanks you Ji

ashokm81

@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.

AbhishekHSinghCMT

@AbhishekHSinghCMT, Thank u champ

Now in 283 think it will touch 300.

piptamil

@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

AbhishekHSinghCMT

@AbhishekHSinghCMT, Thanks Abhishek.

piptamil

@piptamil, Welcome