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DABUR Weekly Outlook and Analysis:
For the Week: (July 03, 2023 – July 07, 2023)
DABUR Outlook for the Week for the Week (July 03, 2023 – July 07, 2023)
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Dabur Share Price : 572.95 (NSE)
Dabur closed the Weekly on Positive Note Gaining 1.70%
Weekly High: 578
Weekly Low: 560.15
Weekly Range: 17.85 points
Weekly Support & Resistance For Nifty Media:
| RESISTANCE 2 | 588 |
| RESISTANCE 1 | 581 |
| SUPPORT 1 | 563 |
| SUPPORT 2 | 553 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 563 levels, Minor resistance on the upside is capped around 581 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 @ 553 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 @ 588
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 588 on upside and 553 on downside.
