Dabur India – Technical Analysis, Support and Resistance

The stock

is in a strong bearish trend on the daily chart. After reaching nearly ₹670 in 2024 the stock has formed lower highs and lower lows. It is currently trading around ₹361.50 close to its recent lows. The price remains below its major moving averages, while RSI near 35 indicates weak momentum. The latest 1.03% gain is not yet enough to confirm a trend reversal. Support & Resistance: Immediate support lies around ₹354–360, followed by ₹345–350. On the upside ₹370–380 is the first resistance zone followed by ₹390–400. Short-Term Buyers & Holders View: Short-term buyers can wait for price stabilisation and a sustained move above ₹380 with strong volume before expecting a recovery. A breakdown below ₹354 may increase selling pressure toward lower support levels. Holders should monitor whether the stock forms a stable base and starts making higher highs and higher lows.