HUL

Hindustan Unilever Outlook for the Week (July 19, 2021 – July 23, 2021)

HINDUNILVR Weekly Outlook and Analysis:

For the Week: (July 19, 2021 – July 23, 2021)

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

HUL Share Price: 2417.40 (NSE)

HUL closed the Week on Negative Note Losing  1.39%

Weekly High: 2459.90

Weekly Low: 2401

Weekly Range: 58.90 points

Weekly Support & Resistance for HUL:

RESISTANCE 22485
RESISTANCE 12451
SUPPORT 12392
SUPPORT 22367

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2392 Levels, Minor resistance on the upside is capped around 2451 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 @ 2367 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 @ 2485

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 2485 on upside and 2367 on downside.

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