Sudarshan Sukhani of s2analytics.com is of the view that one can buy Dabur India on dips.
Sukhani told CNBC-TV18, "Dabur India is a better chart than Aurobindo Pharma. They are not really comparable because Dabur never saw a correction like Aurobindo Pharma did, it was simply consolidating at that Rs 90-100-105 levels and it’s finally broken out, that’s good enough for that. So Dabur is a good chart and the chances are that it’s now likely- the rallies we have seen are likely to be held to. So all you need is to wait patiently for small dips and go and buy it."
He further added, "Larsen and Toubro is again at the Rs 1250-1275 support. Yesterday it made a very narrow range and that narrow range tells us it is willing to go down, break support or again regain strength but that will depend on what the market does today. But assuming that this support holds, L&T is at least and intraday buy till it doesn’t break that Rs 1250 level. So with a very tight stoploss, it’s possible to trade in L&T today."
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