Jun 14, 2012, 11.30 AM IST

Dabur India can add 6-7%: Sukhani

Dabur India can add 6-7%, says Sudarshan Sukhani of s2analytics.com.

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Dabur India can add 6-7%, says Sudarshan Sukhani of s2analytics.com.


Sukhani told CNBC-TV18, "Dabur India was in my buy list a couple of days ago in the morning and the targets for this are Rs 114-115. The only point is that yesterday we saw a big rally, so that leads to a consolidation. It is better if the traders waits for the consolidation and then enters. But another 6-7% on the upside is easy to achieve."


He further added, "The charts of Apollo Tyres are now cracking down. What was apparently a correction is turning into a distribution, so I am looking at Rs 75 and then probably much lower levels. Something is going on in Apollo Tyres, which I don’t understand but it’s bearish."


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