DABUR Weekly Outlook and Analysis:
For the Week: (April 05,2021 – April 09,2021)
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Dabur Share Price : 538.65 (NSE)
Dabur closed the Weekly on Positive Note Gaining 1.67%
Weekly High: 543.95
Weekly Low: 532
Weekly Range: 11.95 points
Weekly Support & Resistance for DABUR:
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 532 levels, Minor resistance on the upside is capped around 544 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 @ 526 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 @ 550
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 550 on upside and 526 on downside.
On daily chart we can see share price moving near trend line. The trend for DABUR INDIA LTD. Is clearly bullish . Price can continue to move towards 552 level.