Signals, Powered By EquityPandit
DABUR Weekly Outlook and Analysis:
For the Week: (Dec 13,2021 – Dec 17,2021)
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Dabur Share Price : 577.80 (NSE)
Dabur closed the Weekly on Negative note losing 0.61%
Weekly High: 583.65
Weekly Low: 566
Weekly Range: 17.65 points
Weekly Support & Resistance for DABUR:
| RESISTANCE 2 | 592 |
| RESISTANCE 1 | 584 |
| SUPPORT 1 | 567 |
| SUPPORT 2 | 558 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 567 levels, Minor resistance on the upside is capped around 584 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 @ 558 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 @ 592
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 592 on upside and 558 on downside.
