EquityPandit’s Outlook for DABUR for the week (June 1, 2020 – June 5, 2020):

DABUR:

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

Stock closed the week on positive note gaining 8.05%

Week High:470

Week Low:421.20

Week Range: 48.80

Dabur India Ltd.

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 454.50 levels, Minor resistance on the upside is capped around 472.20 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 @ 444 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 @ 480

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the week as on upside 480 and 444 on downside.

Weekly Pivot Levels: