EquityPandit’s Outlook for DABUR for the week (July 13,2020 – July 17, 2020):

DABUR:

BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG

Stock closed the week on Positive note gaining 1.5%

Week High:483.90

Week Low:464

Week Range :19.90 points

Dabur India Ltd.

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 466 levels, Minor resistance on the upside is capped around 482.50 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 @ 458 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 @ 489

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the week as on upside 489 and 458 on downside.

WEEKLY PIVOT LEVELS: