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."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!