Dabur
CMP 354
Target 500 / 800 plus
Stop 285.
Monthly chart
1) Stock has cleared major resistance zone at 315-320.
2) Stock has a strong support in the form of 30 week ema which is currently at 288-290.
3) After each resting on 30 week ema accompanied with a stoch crossover in the oversold zone stock has moved by 190%-225% in the past over a period of 3 years in two seperate occasions.
4) A possible technical multibagger if held patiently.
CMP 354
Target 500 / 800 plus
Stop 285.
Monthly chart
1) Stock has cleared major resistance zone at 315-320.
2) Stock has a strong support in the form of 30 week ema which is currently at 288-290.
3) After each resting on 30 week ema accompanied with a stoch crossover in the oversold zone stock has moved by 190%-225% in the past over a period of 3 years in two seperate occasions.
4) A possible technical multibagger if held patiently.
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