Dabur India Limited

DABUR: Move for breakout

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I purchased Dabur as a call option 2 days before. I booked the loss in this call option. So based on my experience i am sharing my views on the stock.

- The stock is showing a daily rally of 572 to 580 levels.
- The major resistance is on 580. If it crosses the major resistance zone than the stock is capable of showing a big breakout.
- Wait for the volumes to go up.
- The stock is forming a rounding bottom pattern.

Targets: 590

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