Signals, Powered By EquityPandit
DABUR Weekly Outlook and Analysis:
For the Week: (March 29,2021 – April 02,2021)
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Dabur Share Price : 529.80 (NSE)
Dabur closed the Weekly on Positive Note Gaining 0.95%
Weekly High: 536.95
Weekly Low: 515
Weekly Range: 21.95 points
Weekly Support & Resistance for DABUR:
| RESISTANCE 2 | 548 |
| RESISTANCE 1 | 540 |
| SUPPORT 1 | 518 |
| SUPPORT 2 | 506 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 518 levels, Minor resistance on the upside is capped around 540 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 @ 506 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 @ 548
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 548 on upside and 506 on downside.
On daily chart we can see DABUR share price are sustaining above trend support line. Break above 531 levels which could take price toward 540 levels or higher levels.
