Signals, Powered By EquityPandit
DABUR Weekly Outlook and Analysis:
For the Week: (April 26,2021 – April 30,2021)
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Dabur Share Price : 559.95 (NSE)
Dabur closed the Weekly on Negative Note Losing 2.62%
Weekly High: 575.95
Weekly Low: 556.10
Weekly Range: 19.85 points
Weekly Support & Resistance for DABUR:
| RESISTANCE 2 | 584 |
| RESISTANCE 1 | 572 |
| SUPPORT 1 | 552 |
| SUPPORT 2 | 544 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 552 levels, Minor resistance on the upside is capped around 572 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 544 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 584.
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 584 on upside and 544 on downside.
The stock opened on a negative note and remained in a falling trajectory throughout the week. A falling window occurred on the can-dles. Stock can take support near 552 levels.
