Monday, September 04, 2006
Dabur Cycle degree triangle Above 148/150 Targets 180+
Dabur cycle degree triangular consolidation
148-150 is the resistance zone
The support trendline is near 142 or so. Apex of triangle is due in another month.
Should form a healthy bottom buy October. Traders will be interested in the breakout above 148-150 resistance zone
Targets should be in the 180 region.
Retracements :173.8-107.1
0.236:122.841 0.382:132.579
0.5 :140.45 0.618:148.321
0.786:159.526
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