EquityPandit’s Outlook for DABUR for the week (August 31, 2015 – September 04, 2015):

DABUR:

Dabur closed the week on negative note losing around 6%.

During the week the stock sold off to the levels of 256 before closing the week around the levels of 280 around the 100 Daily SMA.

Support for the stock lies in the zone of 260 to 270 where 100 and 200 Daily SMA and trend-line support for the stock are positioned.

If the stock manages to close above the levels of 295 the stock can move to the levels of 315.

Broad range for the stock is seen between 260 to 265 on lower end and 300 to 310 on upper end.