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HUL

Hindustan Unilever Outlook for the Week (July 12, 2021 – July 16, 2021)

BSE: 500696| NSE: HINDUNILVR| ISIN: INE030A01027| SECTOR: FMCG

HUL Share Price: 2451.45 (NSE)

HUL closed the Week on Negative Note Losing  1.44%

Weekly High: 2513.40

Weekly Low: 2438.45

Weekly Range: 74.95 points

Weekly Support & Resistance for HUL:

RESISTANCE 22542
RESISTANCE 12496
SUPPORT 12420
SUPPORT 22392

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2420 Levels, Minor resistance on the upside is capped around 2496 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 @ 2392 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 @2542

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 2542 on upside and 2392 on downside.

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