Signals, Powered By EquityPandit
DABUR Weekly Outlook and Analysis:
For the Week: (July 26,2021 – July 30,2021)
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Dabur Share Price : 590.15 (NSE)
Dabur closed the Weekly on Positive Note Gaining 1.70%
Weekly High: 595.40
Weekly Low: 576
Weekly Range: 19.40 points
Weekly Support & Resistance for DABUR:
| RESISTANCE 2 | 606 |
| RESISTANCE 1 | 598 |
| SUPPORT 1 | 579 |
| SUPPORT 2 | 568 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 579 levels, Minor resistance on the upside is capped around 598 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 @ 568 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 @ 606
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 606 on upside and 568 on downside.
