EquityPandit’s Outlook for DABUR for the week (Dec 16, 2019 – Dec 20, 2019):

DABUR:

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

Stock closed the week on negative not loosing –0.68 %

Week High: 465.05

Week Low: 451.30

Week Range: 13.75 points

Dabur India Ltd.

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 450.50 levels, Minor resistance on the upside is capped around 468.60 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 @ 444.70 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 @ 472.80

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the week as 472.80 on upside and 444.70 on downside.