Dabur Outlook for the Week (Sept 07,2020 – Sept 11,2020)

SECTOR: FMCG.

Stock is trading above 200 days exponential moving average, recommends long term pattern is bullish. EquityPandit anticipates range for the Weekly as 510 on advantage and 458 on downside.

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Weekly Low: 470.90.

Dabur closed the Weekly on unfavorable note losing 1.08%.

Weekly Support & & Resistance for DABUR:.

Weekly Range: 26.40 points.

On daily chart we can see DABUR share rate are sustaining above the pattern line assistance and there were 2 possibilities either break above or reversed. Likewise a Black body appeared on the candle.

NSE: DABUR

RESISTANCE 1.
497.

Dabur Share Price: 483.80 NSE.

SUPPORT 1.
471.

Weekly High: 497.30.

Technically on the everyday charts EquityPandits Analyst see: Minor support on the downside lies at 471 levels, Minor resistance on the advantage is capped around 497 levels.

RESISTANCE 2.
510.

If stock breaches small assistance on the disadvantage 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 @ 510.

ASSISTANCE 2.
458

For the Week: (Sept 07,2020– Sept 11,2020).