Prakash Gaba of prakashgaba.com told CNBC-TV18, "Dabur India has moved from the levels of somewhere from Rs 42 one-way to Rs 300. Now, it is stagnating here for around two years, perfectly alright. Now, this means there is a consolidation, once it breaks out, it is going to go to new high."
"The only thing I advise is just have a stoploss at levels of Rs 220-230 or so. If it breaks Rs 230, take your money off, just to lock in the profit. To my mind, structure is still looking okay, it is into a resting mode and once it starts to go up, you will have a new up move then, hold on," he added.
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