Dabur is currently trading and very strong resistance area that it faced over the past year,
had to wait and see if it breaks above that resistance area and thus giving us the opportunity to trade long in dabur.
Else if follows the same pattern as doing for the past year stock might retraces back thus giving us opportunity to go short.
for trading ideas one can...
Dabur has a history of giving pullback traders very good oppurtunity to enter. any breakout in dabur will be followed by a pullback. Traders can take long positions once the trend confirmed or think of entering early if you are a risk taker.
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it