EquityPandit’s Outlook for DABUR for the week (Nov 11, 2019 – Nov 15, 2019):
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Stock closed the week on positive note gaining +2.21%
Week High: 481.50
Week Low: 459.75
Week Range: 21.75points
Dabur India Ltd.
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 471levels, Minor resistance on the upside is capped around 480.30 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 @ 464.80and 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 @ 487.20
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the week as 487.20 on upside and 464.80 on downside.
Weekly Pivot Levels For DABUR: