Monday, July 11, 2011

Dabur....A pullback buy



Dabur was facing resistance around 109 but after crossing that it made a high around 123. Now again it has come back to test its breakout levels which is a good buying opportunity. One can initiate trade at current levels with the strict stoploss of 5% down from 109. Target can be placed around 120.


Have a happy trading.
Cheers
Chirag CM

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