EquityPandit’s Outlook for DABUR for the week (Jan 27, 2020 – Jan 31, 2020):

DABUR:

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

Stock closed the week on positive note gaining 2.22%

Week High: 501.90

Week Low: 480.45

Week Range: 21.45

Dabur India Ltd.

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 494 levels, Minor resistance on the upside is capped around 499 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 @ 490 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 @ 502

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the week as 510 on upside and 460 on downside.

Weekly Pivot Levels: