Monday, October 14, 2013

Stock Recommendation Dabur


The counter seems to have formed a strong base around 166 level as it is witnessing regular bonce back from the said level.
The counter formed a strong bullish candle followed by a sort of pin bar candle on a daily chart.
Besides the counter is trading very close to its all time high.
Considering all these facts and with indicators looking quite bullish ,
We are of the opinion that the counter is all set to touch new heights in near future.
Recommend buy at 171.7 with closing stop loss of 166 target 185-192 in short term.


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