Signals, Powered By EquityPandit
DABUR Weekly Outlook and Analysis:
For the Week: (August 16,2021 – August 20,2021)
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Dabur Share Price : 588.30 (NSE)
Dabur closed the Weekly on Positive Note Gaining 0.53%
Weekly High: 594
Weekly Low: 570.65
Weekly Range: 23.35 points
Weekly Support & Resistance for DABUR:
| RESISTANCE 2 | 608 |
| RESISTANCE 1 | 598 |
| SUPPORT 1 | 574 |
| SUPPORT 2 | 560 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 574 levels, Minor resistance on the upside is capped around 598 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 @ 560 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 @ 608
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 608 on upside and 560 on downside.
