Signals, Powered By EquityPandit
DABUR Weekly Outlook and Analysis:
For the Week: (Nov 01,2021 – Nov 05,2021)
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Dabur Share Price : 585.85 (NSE)
Dabur closed the Weekly on Negative note losing 0.83%
Weekly High: 597.95
Weekly Low: 574.45
Weekly Range: 23.50 points
Weekly Support & Resistance for DABUR:
| RESISTANCE 2 | 610 |
| RESISTANCE 1 | 598 |
| SUPPORT 1 | 574 |
| SUPPORT 2 | 562 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 574 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 @ 562 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 @ 610
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 610 on upside and 562 on downside.
