Signals, Powered By EquityPandit
DABUR Weekly Outlook and Analysis:
For the Week: (March 14, 2022 – March 18, 2022)
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Dabur Share Price : 547.55 (NSE)
Dabur closed the Weekly on Positive Note Gaining 1.58%
Weekly High: 549.55
Weekly Low: 502
Weekly Range: 47.55 points
Weekly Support & Resistance for DABUR:
| RESISTANCE 2 | 580 |
| RESISTANCE 1 | 563 |
| SUPPORT 1 | 516 |
| SUPPORT 2 | 485 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 516 levels, Minor resistance on the upside is capped around 563 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 @ 485 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 @ 580
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 580 on upside and 485 on downside.
