EquityPandit’s Outlook for Dabur for week (July 06, 2015 – July 10, 2015):

DABUR

Dabur closed the week on positive note gaining around 5%.

As we have suggested last week that if the stock manages to close above the levels of 275 we may see stock moving towards the 285 to 290 levels.

The stock manages to hit the high of 287.40 levels on 03/07/2015.

If the stock manages to close above the levels of 288 we may see stock moving towards the levels of 300.

Support for the stock lies in the zone of 270 to 275 where short term and medium term moving averages are positioned.

Broad range for the stock is seen between 265 to 270 on lower end and 295 to 300 on upper end.