Dabur needs ₹375 support before momentum can reset

closed at ₹378.95 after a 2% decline, with the day’s range of ₹377.20–₹387.45 showing that sellers remained active into the close. The recent rebound from the September low has lost traction and the latest candles are again clustered below the short-term Ichimoku lines. Volume has not expanded on the recovery attempts, which keeps the bounce unconvincing. The technical picture is capped by the Tenkan-sen near ₹383 and the Kijun-sen around ₹382. The falling cloud starts close to ₹382 and extends towards ₹402, making this a sizeable supply zone rather than a clean upside path. Price needs to reclaim this band before a sustained recovery can be considered. ₹375 is the immediate floor. A decisive close below it can expose ₹370 and then the September low area. If ₹375 holds, ₹382–₹383 is the first level to monitor, followed by ₹402. Rural demand, FMCG volume growth and raw-material costs remain key factors for Dabur’s operating outlook.