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Check DABUR Full Analysis At Unicorn Signals
DABUR Weekly Outlook and Analysis:
For the Week: (May 16, 2022 – May 20, 2022)
Check DABUR Full Analysis At Unicorn Signals
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Dabur Share Price : 510.80 (NSE)
Dabur closed the Weekly on Negative Note Losing 8.25%
Weekly High: 565
Weekly Low: 508.35
Weekly Range: 56.65 points
Weekly Support & Resistance for DABUR:
| RESISTANCE 2 | 584 |
| RESISTANCE 1 | 547 |
| SUPPORT 1 | 490 |
| SUPPORT 2 | 470 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 490 levels, Minor resistance on the upside is capped around 547 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 @ 470 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 @ 584
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 584 on upside and 470 on downside.
