Dabur India outlook is positive: Religare

MUMBAI: According to Birendrakumar Singh, technical analyst, Religare Securities the outlook of Dabur India is positive. It has advised traders to buy the stock for target of Rs 110-112.

“Dabur India has formed a “Bullish Engulfing” pattern a bullish Japanese Candlestick patter. The stock is having a positive outlook maintain a stop-loss of Rs 103 for target of Rs 110-112,” said Singh.

Note: Trading idea valid for time-period of 4-5 trading sessions.