HINDUNILVR Weekly Outlook and Analysis:
For the Week: (August 23,2021 – August 27,2021)
BSE: 500696| NSE: HINDUNILVR| ISIN: INE030A01027| SECTOR: FMCG
HUL Share Price: 2619.40 (NSE)
HUL closed the Week on Positive Note Gaining 8.94%
Weekly High: 2630
Weekly Low: 2392.65
Weekly Range: 237.35 points
Weekly Support & Resistance for HUL:
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2464 Levels, Minor resistance on the upside is capped around 2701 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 @ 2310 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 @ 2784
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 2784 on upside and 2310 on downside.