Signals, Powered By EquityPandit
HINDUNILVR Weekly Outlook and Analysis:
For the Week: (Feb 07, 2022 – Feb 11, 2022)
BSE: 500696| NSE: HINDUNILVR| ISIN: INE030A01027| SECTOR: FMCG
HUL Share Price: 2306.60 (NSE)
HUL closed the Week on Positive note Gaining 1.01%
Weekly High: 2333
Weekly Low: 2271
Weekly Range: 62 points
Weekly Support & Resistance for HUL:
| RESISTANCE 2 | 2365 |
| RESISTANCE 1 | 2335 |
| SUPPORT 1 | 2270 |
| SUPPORT 2 | 2240 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2270 Levels, Minor resistance on the upside is capped around 2335 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 @ 2240 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 @ 2365
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 2365 on upside and 2240 on downside.
