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DABUR Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – Aug 04, 2023)

DABUR Outlook for the Week (July 31, 2023 – Aug 04, 2023)

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

Dabur Share Price : 581.70 (NSE)

Dabur closed the Weekly on Positive Note Gaining  2.92%

Weekly High: 582.85

Weekly Low: 559.25

Weekly Range: 23.60 points

Weekly Support & Resistance for DABUR:

RESISTANCE 2	598
RESISTANCE 1	590
SUPPORT 1	566
SUPPORT 2	551

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 566 levels, Minor resistance on the upside is capped around 590 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 @ 551 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 @ 598

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 598 on upside and 551 on downside.