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DABUR Weekly Outlook and Analysis:

For the Week: (July 17, 2023 – July 21, 2023)

DABUR Outlook for the Week (July 17, 2023 – July 21, 2023)

BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG

Dabur Share Price : 586.50 (NSE)

Dabur closed the Weekly on Positive Note Gaining  2.50%

Weekly High: 588

Weekly Low: 566

Weekly Range: 22 points

Weekly Support & Resistance for DABUR:

RESISTANCE 2	602
RESISTANCE 1	594
SUPPORT 1	572
SUPPORT 2	558

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 572 levels, Minor resistance on the upside is capped around 594 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 @ 558 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 @ 602

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 602 on upside and 558 on downside.