Its been observed on daily chart that DABUR india is facing resistance at 280 levels. Also, this is 50% retrace level from last year January, showing resistance. A SELL can be initiated below 270 for target of 260.
TP - 260 SL - 280 on closing basis.
*Chart are published for learning purpose*
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Trade not initiated yet. Sell below 270.
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Trade not initiated yet. Risk takers can take short here with strict SL of 380.5.
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10th consecutive day, Dabur is facing serious selling pressure between 280-282.
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16/01/2017... Its back to the 278-280 levels. Interesting to see the battle between Bulls and Bears.