EquityPandit’s Outlook for DABUR for the week (May 4, 2020 – May 8, 2020):

DABUR:

DABUR is also one of  the out performing stock and we have seen sharp recovery in the counter after the March 2020 selling. Stock is trading near to its 52 weeks highs and once closes above 52 highs will see huge rally in the counter this time

As far as levels for the week is concern Resistance in the counter at 520 levels. Once closes above 520 levels we may see rally towards upside in the counter, On the lower side once stock breaches the levels of 470 we may see fresh short in the counter.