Signals, Powered By EquityPandit
DABUR Weekly Outlook and Analysis:
For the Week: (Jan 17,2022 – Jan 21,2022)
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Dabur Share Price : 575.80 (NSE)
Dabur closed the Weekly on Negative note Losing 1.99%
Weekly High: 591.25
Weekly Low: 571.05
Weekly Range: 20.20 points
Weekly Support & Resistance for DABUR:
| RESISTANCE 2 | 600 |
| RESISTANCE 1 | 587 |
| SUPPORT 1 | 567 |
| SUPPORT 2 | 560 |
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 587 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 @ 560 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 @ 600
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 600 on upside and 560 on downside.
