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DABUR

Dabur Outlook for the Week (May 01, 2023 – May 05, 2023)

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DABUR Weekly Outlook and Analysis:

For the Week: (May 01, 2023 – May 05, 2023)

Dabur Outlook for the Week (May 01, 2023 – May 05, 2023)

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

Dabur Share Price : 532.90 (NSE)

Dabur closed the Weekly on Negative Note Losing   1.48%

Weekly High: 534.95

Weekly Low: 520.20

Weekly Range: 14.75 points

Weekly Support & Resistance for DABUR:

RESISTANCE 2544
RESISTANCE 1539
SUPPORT 1524
SUPPORT 2515
Dabur Outlook for the Week (May 01, 2023 – May 05, 2023)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 524 levels, Minor resistance on the upside is capped around 539 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 @ 515 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 @ 544

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 544 on upside and 515 on downside.

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