Signals, Powered By EquityPandit
HINDUNILVR Weekly Outlook and Analysis:
For the Week: (Oct 25,2021 – Oct 29,2021)
BSE: 500696| NSE: HINDUNILVR| ISIN: INE030A01027| SECTOR: FMCG
HUL Share Price: 2454.10 (NSE)
HUL closed the Week on Negative note losing 7.38%
Weekly High: 2732
Weekly Low: 2428
Weekly Range: 304 points
Weekly Support & Resistance for HUL:
| RESISTANCE 2 | 2842 |
| RESISTANCE 1 | 2648 |
| SUPPORT 1 | 2344 |
| SUPPORT 2 | 2234 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2344 Levels, Minor resistance on the upside is capped around 2648 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 @ 2234 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 @ 2842
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 2842 on upside and 2234 on downside.
