Tuesday, November 22, 2011

Dabur Ltd

                                                               Dabur daily chart (click on chart to zoom)

 Dabur on daily chart broke the wedge pattern. It is in uptrend since last few trading sessions with rising volumes day by day. Both stochastic and RSI have made positive crossover, which confirms the uptrend
Stock to touch 105.5 in coming sessions stop loss at 99 is recommended.
CMP - 100,85