EquityPandit’s Outlook for DABUR for the week (June 17, 2019 – June 21, 2019):
Dabur India Ltd.
BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG
Inventory closed the week on unfavorable be aware shedding –1.16%
Technically on the day by day charts EquityPandit’s Analyst see: Minor help on the draw back lies at 400 ranges, Minor resistance on the upside is capped round 411 ranges.
If inventory breaches minor help on the draw back and closes under it we might even see recent break down and inventory can drag in direction of Main Help on decrease facet @ 389 and If inventory breaches minor resistance on the upside and closes above it we might even see recent breakout and inventory can head in direction of Main Resistances Stage @ 421
Inventory is buying and selling under 200 days exponential transferring common, suggests long run pattern is bearish. EquityPandit predicts vary for the week as 421 on upside and 389 on draw back.