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DABUR

Dabur Outlook for the Week (Dec 06,2021 – Dec 10,2021)

DABUR Weekly Outlook and Analysis:

For the Week: (Dec 06,2021 – Dec 10,2021)

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

Dabur Share Price : 602 (NSE)

Dabur closed the Weekly on Negative note losing  1.11%

Weekly High: 616.60

Weekly Low: 594.05

Weekly Range: 22.55 points

Weekly Support & Resistance for DABUR:

RESISTANCE 2627
RESISTANCE 1615
SUPPORT 1590
SUPPORT 2580

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 590 levels, Minor resistance on the upside is capped around 615 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 @ 580 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 @ 627

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 627 on upside and 580 on downside.

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