EquityPandit’s Outlook for Hindustan Unilever for the week (June 15, 2020 – June 19, 2020):

HINDUSTAN UNILEVER:

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

Stock closed the week on positive note gaining 0.94

Week High:2144.80

Week Low: 2065

Week Range: 79.80 points

Hindustan Unilever Ltd.

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2062 Levels, Minor resistance on the upside is capped around 2142.30 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 @ 2021 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 @2188

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the week as 2188 on upside and 2021 on downside.

WEEKLY PIVOT LEVELS: