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HINDUNILVR Weekly Outlook and Analysis:
For the Week: (July 24, 2023 – July 28, 2023)
HINDUNILVR Outlook for the Week (July 24, 2023 – July 28, 2023)
BSE: 500696| NSE: HINDUNILVR| ISIN: INE030A01027| SECTOR: FMCG
HUL Share Price: 2604 (NSE)
HUL closed the Week on Negative Note losing 2.72%
Weekly High: 2716.30
Weekly Low: 2592
Weekly Range: 124.30 points
Weekly Support & Resistance for HUL:
| RESISTANCE 2 | 2762 |
| RESISTANCE 1 | 2683 |
| SUPPORT 1 | 2559 |
| SUPPORT 2 | 2513 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2559 Levels, Minor resistance on the upside is capped around 2683 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 @ 2513 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 @ 2762
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 2762 on upside and 2513 on downside.
