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Stock of the day: Buy Dabur Ltd For Target Rs. 590 - Religare Broking
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DABUR LTD
* We are seeing consistent buying in the FMCG space and Dabur is trading in sync with the trend.
* After the marginal dip to the short term moving average, it looks set for a rebound again.
* The chart pattern indicates gradual recovery towards the previous swing high.
* We thus recommend creating fresh longs in the mentioned range.
Buy Dabur Ltd CMP 563.35; Range 562-564; SL 548; Target 590
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