Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Dabur India has been a favourite stock. It has done a bit but the large rally that we expected hasn't come about. It has now made a bullish pattern and some kind of a consolidation. It is probably willing to go higher. I suspect this rally will come suddenly."
"So, the idea is to keep on taking long positions, take small profits till one gets the big one. Dabur is on a roll. ITC contributed largely to the Nifty's intraday rally. But Dabur is not a heavyweight, its charts are much more attractive than ITC. I think it is a position trade, not just a day trade," he added. Also Read: FMCG companies upbeat about growth on early monsoon
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