Shardul Kulkarni of Angel Broking told CNBC-TV18, "We are looking at a buy in Dabur India because overall if one sees the chart structure, weekly chart of the company is very strong, higher top higher bottom cycle. In case of the daily chart which has got a good breakout in today's trading session."
"With Rs 161 as a stop loss on the lower side, traders can initiate fresh long positions in case of Dabur. I believe that the stock can move towards Rs 175 to Rs 180 over the next 7 to 10 trading days," he said. Disclosures: It is possible that we have positions in the stocks discussed and we have recommended them to our clients.
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