Dabur- Use Dips To Buy.

VK Sharma of Anagram Stock Broking is of the view that one can use Rs 3-4 correction from current levels to go long in Dabur India.

Sharma told CNBC-TV18, "Dabur is one stock, which made a skyscraper both in terms of volumes and in terms of the price. You don’t usually see this kind of volumes, this kind of price rise in an FMCG stock, but nevertheless it has taken to an all time high of Rs 175 yesterday, it closed slightly lower at around Rs 171, it has now set up a higher base which would means that the stock is unlikely to go below the level of 160-163. Probably this is the range in which this stock will settle now. But any Rs 3-4 correction from here could be use by investors to go long in the stock."