Dabur

Dabur is as good as a fixed deposit 100% in 5 years
question is where to enter
90-88-84 technical levels
for next few months
Fundamental levels 80-75-70
Max damage is 64.
So risk of 30-40% from 80 area and reward of 100%
don't chase it up
if it goes up
let someone else make money
u'll get it for 100 next year as well
If its already at 95 then the upsides are not major
my reco is buy at 84-88 highest and keep buying till 70 if it does drop without any change in fundas.
As for technicians I guess they made money :)
2 day falling channel breakout will face res at 96
I repeat do not chase


Just see prithvi
old post??
277 pullback trade??
Everyone wants it above 308 now....
Just because its a breakout. The fundamentals didn't change much
p.e/eps/bv/forward earnings estimates/stock ratings all are mostly static.

The good news in dabur is its not gonna breakout above 120 and go to all time new highs. Its still in a cycle degree wave 4 with mega mega support near 84 region.
Look to buy there, be patient :). If you can't get it at 84 this year u'll still be able to get it @ 100 next year so its not like you will miss out on much.