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DABUR Weekly Outlook and Analysis:
For the Week: (June 19, 2023 – June 23, 2023)
DABUR Outlook for the Week for the Week (June 19, 2023 – June 23, 2023)
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Dabur Share Price : 570.90 (NSE)
Dabur closed the Weekly on Positive Note Gaining 3.81%
Weekly High: 573
Weekly Low: 546.65
Weekly Range: 26.35 points
Weekly Support & Resistance For Nifty Media:
| RESISTANCE 2 | 590 |
| RESISTANCE 1 | 580 |
| SUPPORT 1 | 580 |
| SUPPORT 2 | 537 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 554 levels, Minor resistance on the upside is capped around 580 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 @ 537 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 @ 590
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 590 on upside and 537 on downside.
