According to Wikipedia Dabur is the fourth largest FMCG ( Fast Moving Consumer Goods ) company. Now the question is, whether it can take on Patanjali to retain / gain market share. Unilever, Nestle and Colgate are already feeling the heat. In our opinion, Patanjali products still have huge room to grow. In that process it will definitely grow by acquiring new...
Top 3 Reasons to Short this one, 1. Bearish AB=CD pattern completion 2. Elliott Waves, 5 impulse waves completed. 3. Bearish Divergence Risk Reward: 1-2
Price is raising up towards our region as expected and I will be going short here with my stops above the double top Not describing in detail bcos market is very near to our zone & we may miss trade chance. Happy trading
DABUR @ BUY @ 278 STOPLOSS 269 TARGET 290 20/5/2016 J
Dabur could go higher because of the ascending triangle formed on the charts. Even the 21 WMA is supporting it.